Saudi Arabia Books Large Number of Oil Tankers to Supply U.S

Bloomberg reported that according to Dahlman Rose & Co., Saudi Arabia is booking large number of oil tankers to supply the U.S.

As quoted in the market news:

The U.S., the world’s biggest oil consumer, imported an average of 1.5 million barrels a day from Saudi Arabia this year, according to preliminary weekly data from the Energy Department.

Click here to read the full Bloomberg report.