Saudi Arabia Increase Arab Light Crude Oil Price To Asia In May

Saudi Arabia increased the price of its Arab light crude for the Asian market by $0.4/barrel in May, compared to April, and lowered those for the U.S. and European markets by $0.1/barrel and $0.2 barrel respectively, according to a statement from oil producer Saudi Aramco. It set the Arab light price for Asia at +$1.8/barrel … More Saudi Arabia Increase Arab Light Crude Oil Price To Asia In May

BUSINESS | Saudi Arabia Slashes April Curde Oil Prices After OPEC’s Supply Pact Collapse

LONDON – Saudi Arabia slashed its official selling price (OSP) for April for all its crude grades to all destinations, after OPEC’s oil supply cut pact with Russia fell apart on Friday, sending oil into a tailspin. State oil giant Saudi Aramco has set its Arab light crude oil to Asia for April at a … More BUSINESS | Saudi Arabia Slashes April Curde Oil Prices After OPEC’s Supply Pact Collapse