Market Chatter: Saudi Aramco Reportedly Asks Clients to Submit Cargo Nominations for May

Saudi Arabian Oil Co (SASE:2222), d/b/a Saudi Aramco, reportedly told its customers to submit nomination plans for May-loading cargoes.Reuters wrote Friday, citing two sources with knowledge of the matter, that the Saudi oil giant's shipments from Yanbu on the Red Sea and Ras Tanura would be subject to the reopening of the still-restricted Strait of Hormuz.Meanwhile, Kuwait Petroleum Corp. also issued clients with available loading dates for Kuwait Export Crude in April. However, cargo nominations are still in the process and will depend on the buyers being able to lift the cargoes.Aramco and Kuwait Petroleum Corp. did not immediately respond to requests for comment from.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

-- Saudi Arabian Oil Co (SASE:2222), d/b/a Saudi Aramco, reportedly told its customers to submit nomination plans for May-loading cargoes.

Reuters wrote Friday, citing two sources with knowledge of the matter, that the Saudi oil giant's shipments from Yanbu on the Red Sea and Ras Tanura would be subject to the reopening of the still-restricted Strait of Hormuz.

Meanwhile, Kuwait Petroleum Corp. also issued clients with available loading dates for Kuwait Export Crude in April. However, cargo nominations are still in the process and will depend on the buyers being able to lift the cargoes.

Aramco and Kuwait Petroleum Corp. did not immediately respond to requests for comment from.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)