According to the agency, Riyadh offers its main Arab Light brand oil at a price of approximately $ 25 per barrel, which is a “huge discount” compared to the Russian Urals.
Sources said that European refineries, including companies such as Royal Dutch Shell, BP, Total, OMV, Repsol and Cepsa, received offers from Saudi Aramco for limits on oil supplies, which significantly exceed normal volumes.
“The range of the volume of additional deliveries ranged from 25% to 200%, depending on the company,” the report said.
Earlier, Saudi Aramco announced its intention to increase its marginal production capacity by 1 million barrels per day - up to 13 million.
On March 6, the OPEC + countries could not agree to change the parameters of the transaction to reduce production or to extend it.