Saudi Aramco Offers Europe More Spot Oil as Supplies Ramp Up

Saudi Aramco has been offering spot oil cargoes to European buyers for both this month and the next, according to a person familiar with the matter, a sign the company...

By Salma El Wardany · Bloomberg Markets

Saudi Aramco has been offering spot oil cargoes to European buyers for both this month and the next, according to a person familiar with the matter, a sign the company is looking to make up for supplies lost when a crucial export pipeline was shut.