TOKYO: Saudi Arabia will supply full contracted volumes of crude oil to at least one Asian term buyer in April, unchanged from March, an industry source familiar with the matter said.
The move was expected as the Kingdom has supplied full contractual volumes to most Asian buyers since late 2009.
Saudi Arabia, which pumped 9.15 million barrels per day of crude oil in February, expects to raise its oil output in the second quarter to satisfy higher demand from China and feed economic recovery elsewhere.


