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Aramco Trading to join S&P Global Platts pricing process in Asia

Aramco Trading to join S&P Global Platts pricing process in Asia
Platts had reviewed Aramco's ATC
SAUDI ARAMCO
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0.14% 27.90 0.04

Riyadh – Mubasher: Aramco Trading Company (ATC), the trading arm of Saudi Aramco, will take part in S&P Global Platts price assessment process for crude shipments in Asia.

Platts had reviewed ATC and would consider information in the Asia Market on Close (MoC) pricing process for Asia crude cargoes, Reuters reported on Wednesday.

Trading activities on the Asia MoC platform for Middle East crude reportedly picked up in August, with TotalEnergies and Gunvor buying seven crude shipments until the current time.