Saudi Arabian Oil Co. (Saudi Aramco), the world’s largest crude exporter, is inviting bids for 1.4 million barrels of gas oil for the August –September period to fulfill the increasing local demand in summer, Reuters reported citing traders.

 

Aramco Trading Co. has invited bids for three shipments at 300,000 barrels each, in addition to a shipment of 500,000 barrels for delivery in Jizan, Jeddah, Daba and Ras Tanura.

 

Bidding will close on August 8 and offers will remain valid till August 10.

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