Saudi Aramco has reportedly lowered crude shipments to Asia for the second consecutive month in April.
The state oil company is supplying only Arab Light crude to term customers through Yanbu port on the Red Sea next month, Reuters reported, quoting unidentified sources.
Aramco supplies to Asian refineries remain tight, leading to restricted output of refined products in Asia.
Riyadh has exported 4.4 million barrels per day (bpd) of crude so far this month, compared to 7.1 million bpd in February, according to analytics company Kpler.
Tankers tracked by AGBI, using their…
