Aramco Trading to join Platts oil pricing process in Asia: report

25/08/2021 Argaam

Logo of Aramco Trading Co.

Aramco Trading Co. (ATC) will participate in S&P Global Platts price assessment process for crude cargoes in Asia, Reuters reported.

 

Platts said in a notice that it would consider information from ATC in the Asia Market on Close (MoC) price assessment process for Asia crude cargoes.

 

Trading activities on the Asia MoC platform for Middle East crude picked up this month with TotalEnergies and Gunvor purchasing seven cargoes so far.

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