Meanings of saudi crude in English

The U.S. currently imports about 1 million barrels of Saudi crude a day.

Buyers of Saudi crude in Europe told a different tale than customers in Asia.

British dependence on Saudi crude increased after Iran's 1979 revolution.

It is not clear whether the same customers have continued to buy Saudi crude at the same rate.

London-based consultancy Energy Aspects said this week Saudi crude production could reach a record 11 million bpd this summer.

Saudi crude supply concerns pushed oil prices higher, adding to negative sentiment ahead of U.S. sanctions against Iran's oil exports.

Falih said oil demand in Asia had picked up, while demand in the United States for Saudi crude had dropped.

- Buyers of Saudi crude are being asked to take heavier grades, several trading sources said.

Major importers of Saudi crude, such as India, China, Japan and South Korea, will be the most vulnerable to any supply disruption.

Motiva processed 162,000 bpd of Saudi crude in July, the most recent month for which data is available.

Pease said Motiva would run heavy Saudi crude from Saudi Aramco for about two months, then branch out to other crudes as well.

The deal would be the kingdom's first international debt transaction since attacks on its oil facilities last month that initially halved Saudi crude production.

Six of the vessels are set to take about 12 million barrels of Saudi crude to the United States, according to data and sources.

The refinery ran 8.7 million barrels of Saudi crude in December, the latest month for which data is available.

Tehran also appears to have grasped that the huge increase in U.S. shale oil production has freed America from its dependence on Saudi crude.

In the United States, where Saudi crude imports have risen sharply this year after years of decline, crude stocks are at their highest since 1990.