Saudi Arabia's state-run Saudi Aramco has secured diesel imports for 2013, thus boosting Asian product premiums.
The country used to be a key exporter of oil products but is increasingly importing more oil products due to strong domestic demand.
Saudi Aramco Product Trading Co., the trading arm of Saudi Aramco, has bought diesel under term contracts for 2013 from multiple suppliers including BP, Shell, and Phillips 66, Singapore-based traders say.
Saudi Arabia secures diesel imports for this year amid rising fuel needs | Hydrocarbon Processing | January 2013
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