Saudis Will Maintain Same Shipment Volumes To Europe, Asia For February

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SINGAPORE/LONDON, (Reuters) - Top oil exporter Saudi Arabia will keep its crude oil supplies to Asia and Europe in February at the same levels as in January, officials at refiners in both regions said on Monday.

Three Asian lifters of Saudi crude said the kingdom would supply the full contracted volumes of crude to Asia for February. "We got no cut on our February Saudi grade liftings. We got the volume we nominated," one lifter said, adding that there would be no additional volumes.

Three lifters said they had yet to receive an official notification of full volumes. This is the fourth month in a row that the oil kingdom supplies full volumes to Asia.

In Europe too, the allocations for February were unchanged from January levels, officials at two European refiners said. "It is the same amount as January. There were rumours they could allocate a little bit more, but there is no improvement," a source in one refiner told Reuters.

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