Saudi Arabia imports record Russian fuel oil in June as trade grows
Oil
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Article by:
Jeslyn Lerh - Reuters
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Date Published:
July 13, 2023
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Who was cited:
FGE
Saudi Arabia imported record volumes of discounted Russian fuel oil in June, a near 10-fold annual increase to meet summer power generation demand and maintain crude exports despite OPEC+ production cuts, according to traders, analysts and Kpler data.
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