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Wednesday, February 10 - 2010

Saudi fuel oil sells at lower discount in Nov lift

  • Saudi Arabia: Saturday, October 24 - 2009 at 10:30

Middle East trader FAL Oil has paid a lower discount of $6-$7 (Dh22-Dh25.7) per tonne, on a free-on-board (FOB) basis, for Saudi Aramco's 80,000 tonnes of 380-centistoke (cst) fuel oil for early November lifting from Jubail, Reuters has reported. This is lower than the discount of $2-$3 per tonne that Vitol paid for an earlier parcel loading on October 30-31. The cargo will be loading on November 2, after Aramco exported three Jubail cargoes for October lifting.

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