Aramco Trading Company (ATC) is one of the fastest growing trading house past decade has witnessed. The Company's trading activity focuses on petroleum products, crude oil, LPG, LNG, and aromatics DUBAI (Reuters) - Saudi Aramco aims to boost its oil supply to Europe by 300,000 barrels per day (bpd) within the next two years as it expands its trading operations there with an office opening 11/01/2012 · KHOBAR, Saudi Arabia/DUBAI, Jan 11 (Reuters) - A new Saudi Aramco subsidiary for trading refined products started commercial operations on Jan. 1, the state oil giant said on Wednesday. Saudi Aramco's trading arm is looking for oil products for prompt delivery after Saturday's attacks on Saudi oil facilities, several trade sources said this week.. Saudi Arabia is set to become a significant buyer of refined products after the attacks forced it to shut down more than half of its crude oil output and some of its gas, consultancy Energy Aspects said in a note on Sunday. Aramco Trading, known officially as Saudi Aramco Products Trading Co., targets trading 6 million barrels a day of crude and products by 2020 compared with about 4 million barrels last year. If it
Dubai Crude is a medium sour crude oil extracted from Dubai.Dubai Crude is used as a price benchmark or oil marker because it is one of only a few Persian Gulf crude oils available immediately. There are two other main oil markers: Brent Crude and West Texas Intermediate. Dubai Crude is generally used for pricing Persian Gulf crude oil exports to Asia. Sheikh Hamdan issues resolution to form Regulatory Committee for Petroleum Products Trading, which will report to the Supreme Council of Energy - Products & Services, Sheikh Hamdan Bin Rashid Al Maktoum, Dubai Regulatory Committee For Petroleum Products, Wam
Aramco to start trading oil products to gain from refinery push. Company hopes to satisfy domestic demand by building refineries and adding units at existing plants to raise output While much of the money went toward expanding oil-production capacity, Aramco is shifting focus to boost its refining and petrochemicals output. Saudi Aramco, the world’s largest crude exporter, will start trading 09/06/2020 Saudi Aramco Products Trading Co, the trading arm of Saudi Aramco's downstream operations, marked a new chapter in the company's history with the launch of its website (www.aramcotrading.com) on 27 April 2017.“This is a great moment for Aramco Trading,” said Hanan M Olayan from the Aramco Trading operations team.
27 Feb 2020 Aramco Trading Company (ATC) will establish a London subsidiary, Aramco Trading Limited (ATL). ATL will be at the forefront of ATC's
DUBAI (Reuters) – Saudi Aramco aims to boost its oil supply to Europe by 300,000 barrels per day (bpd) within the next two years as it expands its trading operations there with an office opening this summer in London, a senior company executive said. Aramco, the world’s biggest oil producer, is expanding its downstream, or refining and marketing, footprint globally by signing new deals and