Home Business & Finance Saudis Ease Asia Oil Crunch With 100-Million-Barrel Sales Flurry
Business & Finance

Saudis Ease Asia Oil Crunch With 100-Million-Barrel Sales Flurry

Key Points

Saudi Arabia has sold almost 100 million barrels of oil to Asian buyers since the middle of last week, according to traders familiar with the matter, helping to avert a looming supply crunch in the region.

Saudi Arabia has sold almost 100 million barrels of oil to Asian buyers since the middle of last week, according to traders familiar with the matter, helping to avert a looming supply crunch in the region.
Saudis (ORG) Saudi Arabia (LOCATION) Asian (ORG)
Originally published by Bloomberg Markets Read original →