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Why Middle East Producers Cut Prices In The Face Of Soaring Chinese Oil Demand

Saudi Aramco Acquires Largest Oil Refinery in North America

Middle-East Arab News and Opinion - Asharq Al-Awsat is the world’s premier pan-Arab daily newspaper, printed simultaneously each day on four continents in 14 cities

Aramco announces launch of Aramco Trading Americas

Aramco announces launch of Aramco Trading Americas
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Saudi Aramco launches Aramco Trading Americas as it increases access to the largest oil refinery in North America

RIYADH: Saudi Aramco’s global trading arm has bought US firm Motiva Trading as it seeks to expand its footprint across North and South America. As well as acquiring 100 per cent of the firm, Aramco Trading Co. has also launched a Texas-based subsidiary – Aramco Trading Americas. The new entity will be the sole supplier and ‘offtaker' of Motiva Enterprises, the owner of North

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