Saudi Aramco (2222.SE) has notified at least six Asian buyers that it will supply full contractual volumes of crude oil in March, sources with knowledge of the matter said on Friday, Reuters reports.
The full supply assurance came after the state oil giant raised March official selling prices to Asia.
The world's top oil exporter has been maintaining steady supplies to its key consuming region since the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, eased supply cuts from August.
OPEC+ decided earlier this month that it will continue to increase output by 400,000 barrels per day (bpd) in March.