Saudi Aramco is preparing a new selling price for oil loaded at Egypt's Mediterranean port of Sidi Kerir for delivery to Asia after attacks by Iran-backed Houthi militants elevated risks in the Red Sea.
The producer has informed at least two Chinese refiners that it may introduce a separate official selling price for oil shipped from Sidi Kerir, the traders said, asking not to be named as they're not allowed to speak to the media.
