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Several Asian refiners have been told informally by Saudi Aramco they will soon be able to pick up oil from the Red Sea port of Yanbu, according to traders familiar with the matter.
Oil giant Saudi Aramco has been looking to secure thousands of tons of diesel in the Mediterranean after a series of attacks on its energy facilities over the past few weeks.
Saudi Aramco is considering a potential sale of its specialty chemicals business Arlanxeo, people familiar with the matter said, as the state-owned energy firm ramps up a multibillion-dollar divestment plan.