Mitsui Signs for 50,000 b/d of Saudi Netback Crude 

Japan's Mitsui has now finalized a deal with Saudi Arabia for the purchase of 50,000 b/d of netback-priced crude supply, MEES learns. This follows the conclusion of similar Saudi netback deals with other Japanese firms: Mitsubishi for 100,000 b/d, Kyodo Oil for 70,000 b/d and Marubeni for 50,000 b/d.