Saudi Aramco and Asian Refiners Dispute How to Count 2026 Spot Oil
Photo: TokenPost
Saudi Aramco and Asian refiners face a dispute over whether 2026 spot oil purchases count toward annual commitments, complicating their 2027 supply talks. Some refiners want oil bought through spot deals credited toward their 2026 contracts after supply disruptions prevented them from collecting some contracted cargoes. Aramco is seeking larger 2027 contract volumes from some buyers to cover the shortfalls. At least one refiner is resisting that request. The dispute ties a question about this year’s deliveries to the amount of oil buyers will commit to take next year.
Source: TokenPost
