According to Reuters article published on February 10, 2023, Saudi Aramco has told at least four customers in North Asia they will receive full contract volumes of crude oil in March, several sources with knowledge of the matter said on Friday.
Saudi Arabia, the world's top oil exporter, unexpectedly raised the official selling prices for its flagship Arab Light in March amid hopes for a rebound in demand, particularly from China after Beijing ditched its zero-COVID strategy.