+
Aramco Cuts Heavy Crude Supply to Asia
ECONOMY & POLICY

Aramco Cuts Heavy Crude Supply to Asia

Aramco, the Saudi Arabian oil giant, has reduced its supply of heavy crude to buyers in Asia, signaling adjustments in its allocation strategy. While most Asian buyers will still receive their full volumes for April, the reduction in heavy crude supply reflects changing market dynamics and Aramco's efforts to manage its crude oil exports effectively.

The decision to trim heavy crude supply comes amidst evolving demand patterns and operational considerations. Aramco's move indicates a strategic response to factors such as refinery preferences, shipping logistics, and global market trends impacting the demand for heavier grades of crude oil.

Despite the reduction in heavy crude supply, most Asian buyers are expected to receive their contracted volumes for April, maintaining continuity in their supply arrangements with Aramco. This underscores the company's commitment to fulfilling its contractual obligations and maintaining stable relationships with its customers in the region.

The adjustment in heavy crude supply also highlights the flexibility and adaptability of major oil producers like Aramco in responding to market dynamics and optimizing their portfolio of crude oil offerings. By fine-tuning its supply allocations, Aramco aims to ensure a balanced distribution of crude grades that aligns with the evolving needs of its customers and maximizes value across its global customer base.

Overall, while the reduction in heavy crude supply may impact certain buyers in Asia, Aramco's proactive approach demonstrates its responsiveness to changing market conditions and commitment to maintaining a reliable and efficient supply chain for its customers worldwide.

Aramco, the Saudi Arabian oil giant, has reduced its supply of heavy crude to buyers in Asia, signaling adjustments in its allocation strategy. While most Asian buyers will still receive their full volumes for April, the reduction in heavy crude supply reflects changing market dynamics and Aramco's efforts to manage its crude oil exports effectively. The decision to trim heavy crude supply comes amidst evolving demand patterns and operational considerations. Aramco's move indicates a strategic response to factors such as refinery preferences, shipping logistics, and global market trends impacting the demand for heavier grades of crude oil. Despite the reduction in heavy crude supply, most Asian buyers are expected to receive their contracted volumes for April, maintaining continuity in their supply arrangements with Aramco. This underscores the company's commitment to fulfilling its contractual obligations and maintaining stable relationships with its customers in the region. The adjustment in heavy crude supply also highlights the flexibility and adaptability of major oil producers like Aramco in responding to market dynamics and optimizing their portfolio of crude oil offerings. By fine-tuning its supply allocations, Aramco aims to ensure a balanced distribution of crude grades that aligns with the evolving needs of its customers and maximizes value across its global customer base. Overall, while the reduction in heavy crude supply may impact certain buyers in Asia, Aramco's proactive approach demonstrates its responsiveness to changing market conditions and commitment to maintaining a reliable and efficient supply chain for its customers worldwide.

Next Story
Infrastructure Urban

XCMG Boosts Global Service Skills with World Competition

XCMG Machinery, a global leader in construction equipment, has successfully concluded the first edition of its World Skills Competition, reinforcing its commitment to developing elite service talent and enhancing global aftermarket service standards. The landmark event aligns with XCMG’s globalisation and “Skills Empowerment” strategies, as well as its contribution to the Belt and Road “Skills for Dreams” initiative.Empowering Technicians Across Borders:Held under XCMG's global expansion roadmap, the competition brought together more than 90 service technicians from 24 countries. Des..

Next Story
Infrastructure Urban

VE Commercial Vehicles Registers 7.4% Sales Growth in July 2025

VE Commercial Vehicles (VECV), a joint venture between the Volvo Group and Eicher Motors, reported total sales of 7,115 units in July 2025, marking a 7.4 per cent increase compared to 6,622 units sold in July 2024. The growth was primarily driven by strong performance in the Eicher brand portfolio, alongside a robust increase in exports.Sales Performance Highlights – July 2025:Eicher Brand Sales: Eicher-branded trucks and buses recorded sales of 6,940 units in July 2025, up 7.7 per cent from 6,444 units in July 2024.Domestic Market: Domestic sales of Eicher-branded commercial vehicles reache..

Next Story
Infrastructure Urban

Utkarsh Small Finance Bank Reports Q1 FY26 Results

Utkarsh Small Finance Bank has announced its financial results for the quarter ended June 30, 2025. Approved at the Board meeting held on August 2, 2025, the results reflect a strategic shift towards secured lending, deposit growth, and network expansion, even as the bank reported a net loss during the quarter due to a prudent approach in the unsecured lending segment.Operational and Financial Highlights (Q1 FY26):Loan Book Performance: Gross loan portfolio stood at Rs 192.24 billion, registering a 2.3 per cent year-on-year (YoY) growth. The share of secured loans rose to 45 per cent of the to..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?