Market Chatter: PetroChina, Sinochem Buy 4 Million Barrels of Crude Oil From Saudi Aramco

MT Newswires Live

Aug 21

PetroChina (HKG:0857, SHA:601857) and Sinochem International (SHA:600500) bought a total of 4 million barrels of crude oil -- at least 2 million barrels each -- from Saudi Aramco, Reuters reported Thursday, citing sources.

The Saudi Arabian oil company resumed oil loading from inside the Strait of Hormuz last week and plans to load more tankers, according to the report.

Aramco offered some Asian refiners through private negotiations Arab Medium and Arab Heavy crude cargoes for loading through ship-to-ship transfers from the United Arab Emirates, the report said.

PetroChina, Sinochem, and Aramco did not reply to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU1580142542.USD","symbol_name":"Blackrock Systematic China A-Share Opportunities A2 USD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2661269544","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2661269544","pubTimestamp":1787304981,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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