Saudi Aramco asks US term buyers to cut January nominations

摘要

New York-Saudi Aramco is asking US term buyers of its crude oil to voluntarily reduce their nominations for January delivery in the wake of OPEC's recent decision to cut production, industry sources said late last week.OPEC, meeting in Doha, Qatar, October 19-20, decided to cut output by 1.2 million b/d from November 1 to stem a 20/barrel slide in prices and thin ample stocks in consuming nations.