Saudi Aramco offers November fuel oil

Commercial sources reported that Saudi Aramco sold quantities of high sulfur fuel oil for loading in November 2026, with an increase in sold amounts compared to October. The sales included 8 shipments, each ranging between 80,000 and 100,000 tons, distributed between the targets of Jubail and Ras Tanura. Additionally, the first diesel shipment from Aramco arrived at the Baniyas terminal in Syria, after which the company sent it to an oil refining complex in China. This aligns with the start-up of a new refining and petrochemical project with a processing capacity of up to 300,000 barrels per day.

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