Masood

ARAMCO OSP for EAST in March 2021

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Hey guys!

You are definitely aware of the Saudi Arabia OPS announced for March 2021. Aramco roll overed its OPS for east and made it without any change compare with Feb 2021. I believe that they knew that East market are fully matured with crude oil inventories specially in China and price couldn't make their crudes more attractive if they lower the price.

I think that Aramco will do the same in April prices because East market is not ready to digest more crude at least until April.

I will be glad if you can share your kind comments

Regards

Masood

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