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Story summary
- Saudi Aramco resumed loading oil from inside the Strait of Hormuz last week.
- The company offered Asian refiners Arab Medium and Arab Heavy crude for ship-to-ship transfers off Fujairah, UAE.
- Three VLCCs—Malaysia Prosperity, Algeria Prosperity and Singapore Prosperity—each loaded 2 million barrels from Juaymah and Ras Tanura between August 12-16.
- Provisional Kpler data indicated six additional VLCCs might load Saudi oil from inside the strait later this month.
