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Competitive pricing for Saudi crude next month is eroding demand for alternative spot cargoes of Qatari al-Shaheen and Oman crude in October
August 14th, 2011 - 12:23 GMT

Saudis entice Asian refiners at expense of Qatar, Oman

Top oil exporter Saudi Arabia is enticing Asian refiners to buy more of the kingdom's crude at the expense of other Middle Eastern producers that are offering more barrels on the spot market, as long-term buyers pare purchases of their grades.
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