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International Business Times
International Business Times
Business

Aramco Reportedly Tells European Buyers It Doesn't Have Crude For Next Month. Oil Reversed All Losses.

Saudi Aramco reportedly told European buyers it doesn't have crude shipments for next month. (Credit: Getty Images)

Saudi Aramco told European buyers it doesn't have crude shipments for next month after its exports got severely disrupted on different fronts, according to a new report.

Citing people familiar with the matter, Bloomberg detailed that deliveries from the term contracts signed between Riyadh and the customers won't take place next month.

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