Azerbaijan, Baku, April 11 / Trend /
Saudi Arabian Oil Co. will supply full contracted volumes of crude to Asian refiners in May, Bloomberg reported according to refinery officials.
Saudi Aramco will provide 100 percent of cargoes sold under long-term contracts for an 18th month, according to refiners in Thailand and Japan who requested anonymity, citing confidentiality agreements with the Middle East's biggest producer.
Saudi Aramco's full export allocation follows a Dec. 11 decision by OPEC to leave output quotas unchanged for the seventh time since 2008.
Saudi Arabia raised its output last month by 300,000 barrels a day to 9 million, the survey showed. That was about 949,000 barrels more than its target of 8.051 million.