Saudi Arabia resumes oil loadings, sales from inside Strait of Hormuz 

Saudi Aramco resumed oil loading from inside the Strait of Hormuz last week and has more tankers waiting to load as the state energy giant offers spot heavy crude cargoes, according to shipping data and trade sources. On Monday, the world’s top oil exporter offered some Asian refiners Arab Medium and Arab Heavy crude cargoes for loading via ship-to-ship (STS) transfers off Fujairah in the United Arab Emirates this month.