Page 3 - Arab Light News Today

By Giulia Petroni Top oil exporter Saudi Arabia raised the June price for its flagship Arab Light crude to Asian customers for the third consecutive month, signaling confidence in the demand...

OPENING CALL Stock futures rose modestly on Monday in the afterglow of a not-too-hot jobs report, which brought back hopes of an interest-rate cut this year. Focus will turn this week to more... -May 06, 2024 at 06:17 am EDT - MarketScreener

MARKET MOVEMENTS: --Brent crude oil is up 0.8% to $83.66 a barrel. --European benchmark gas is up 5.3% to EUR32.12 a megawatt-hour. --Gold futures are up 0.9% to $2,328.60 a troy ounce....

ALBAWABA - Oil futures soared on Monday, as Saudi Arabia increases crude prices for June supply across the majority of locations, as Reuters reports, co

Saudi Aramco has raised the official selling price of all the grades it exports to Asia, with flagship Arab Light for delivery in June set to become $0.90 more expensive, Bloomberg reported citing a pricing list it had seen. The move pushed international ...

MARKET WRAPS Stocks: European stocks rose on Monday after Fridays weaker-than-expected U.S. jobs data increased prospects that the Federal Reserve could cut interest rates earlier,... -May 06, 2024 at 05:42 am EDT - MarketScreener

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

The kingdom wants to restrain oil production to keep demand up, but the increase in prices to Asian customers is more related to refining values, says one expert.

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

Saudi Arabia raises prices for its oil for Asia