Saudis Give Full Oil Allocations to at Least Three Europe Buyers

Markets Contact us:Provide news feedback or report an error Confidential tip?Send a tip to our reporters Site feedback:Take our Survey By Sherry Su and Salma El Wardany August 19, 2026 at 10:38 AM UTC Saudi Aramco has notified at least three European oil refiners that will supply full contractual crude volumes next month, easing concerns about the region’s supply while crude flows from the Persian Gulf and Red Sea are disrupted. At least three European refiners will receive all the barrels they asked for in September, people with knowledge of the matter said, asking not to be named as they aren’t authorized to speak the media. Two buyers will lift from Egypt’s Mediterranean port of Sidi Kerir, while the third was given an option of taking supplies from Sidi Kerir, Saudi Red Sea port of Yanbu, or via ship-to-ship transfer from Malta.