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Saudi cuts crude to Asia
- Saturday, January 13 - 2007 at 09:35
Saudi Aramco has cut February supplies to two South Korean refiners by 13%, its deepest cuts to Asia in nearly two years, Reuters reported. Three Japanese refiners received cuts of around 10%. Opec's reference crude basket price dropped to $49.13 a barrel on Thursday, slipping below $50 for the first time since November 2005, the news agency quoted Opec as saying.
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James McInerney, News EditorSaturday, January 13 - 2007 at 09:35 UAE local time (GMT+4)
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This article was updated on Sun Jan 14 2007.
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