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Tuesday, October 27, 2026Updated 20:57 UTC

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Saudi Aramco Offers Discounted Oil to Europe as Exports Recover

Source: OilPrice.com · Oct 27, 2026 17:40 UTC

Oil refinery towers and pipes with a city skyline in the distance — File photo Carol M. Highsmith / Library of Congress · Public domain · Source

The Quick Take

Saudi Aramco is offering additional crude to European refiners for October and November loading, just weeks after telling customers they would receive no oil under their October contracts following an attack on the kingdom's East-West pipeline. The Saudi oil giant offered late-October spot cargoes at a discount to its official selling price, according to Bloomberg, citing a person familiar with th

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