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FINANCIAL NEWS
Aramco boosts supply to Japanese refiners
11 Mar 2011
(MENAFN) Officials from fuel producers in Japan said that 2 Japanese refiners signed deals with Saudi Aramco, the world’s largest state-owned oil company, to supply them with full volumes of crude oil in April 2011, reported Arabian Business.
The deal includes providing 100 percent of cargoes sold under long-term contracts for a 17th month.
In February 2011, Saudi Arabia increased its production by 25,000 barrels a day to 8.425 million units, which is 374,000 barrels more than its goal of 8.051 million.
On a different note, Abu Dhabi National Oil Co, the state-run producer in the United Arab Emirates capital, said that it does not plan on changing the 10 percent decrease in supplies of Murban crude to Asian importers in March.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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