Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Business & Finance › Saudis Give Full Oil Allocations to at Least Three Europe Buyers
Business & Finance

Saudis Give Full Oil Allocations to at Least Three Europe Buyers

Bloomberg Markets Wednesday 19 August 2026, 10:38 UTC By Sherry Su and Salma El Wardany 1 min read
Key Points

Saudi Aramco has notified at least three European oil refiners that will supply full contractual crude volumes next month, easing concerns about the region’s supply concerns while crude flows from the Persian Gulf and Red Sea are disrupted.

Saudi Aramco has notified at least three European oil refiners that will supply full contractual crude volumes next month, easing concerns about the region’s supply concerns while crude flows from the Persian Gulf and Red Sea are disrupted.
Saudis (ORG) Full Oil Allocations (ORG) Saudi Aramco (ORG) European (ORG) the Persian Gulf (LOCATION) Red Sea (LOCATION)
Originally published by Bloomberg Markets Read original →

Related Stories

Timberwolves offseason recap and early season preview: How will Edwards, Ball mesh?

The Minnesota Timberwolves got a makeover this offseason, in part thanks to a trade that shipped Naz Reid and a slew of draft picks to the Charlotte Hornets for LaMelo Ball and Josh Green. In theory, the superstar backcourt tandem of franchise cornerstone Anthony Edwards and Ball makes for must-watch TV. However, in practice, how impactful will it make the Timberwolves in the arms race for the West?

ESPN just now

Inflation is heating up but don't expect another crisis

Rising living costs could heap pressure on PM Andy Burnham though it depends what happens in the coming months.

BBC Business 19m ago

Inflation is heating up but don't expect another crisis

Rising living costs could heap pressure on PM Andy Burnham though it depends what happens in the coming months.

BBC Business 19m ago

What Is Iran’s Ability to Target US Bases in Europe?

Former US Central Command Director of Intelligence Lt. General Karen Gibson (Ret.) examines Iran’s capabilities for launching attacks on US military bases in Europe. The Financial Times reports that the Islamic Republic is weighing strikes should President Donald Trump escalate the war in the Middle East.

Bloomberg Markets 21m ago