March 13, 2020 / 11:15 AM / 19 days ago

Saudi Arabia confirms extra April oil supplies to customers in Europe

MOSCOW, March 13 (Reuters) - Saudi Arabia will supply additional oil volumes next month to all customers in Europe who asked for an increase following a deep cut to Saudi official selling prices, five trading sources told Reuters on Friday.

European oil refiners including Total, BP, Shell, Eni, and SOCAR have all had allocations for additional Saudi crude oil supplies in April confirmed, the sources said.

Oil prices have weakened more widely, with Brent crude on track for its worst week since the 2008 financial crisis on Friday as investors fretted over the impact of the coronavirus on demand and plans by producers to boost output. (Reporting by Olga Yagova; Editing by Jan Harvey)

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