Arab Medium News Today

Saudi Arabia is expected to raise the price of its flagship Arab Light crude loading for Asia in June.

Saudi Arabia is considering hiking oil prices in May, in a move that will lead to price rises across the Middle East.

SINGAPORE: Top oil exporter Saudi Arabia may raise the official selling price (OSP) for flagship Arab Light crude in...

International Business News: Saudi Aramco plans to meet full contractual crude oil volumes to most Asian buyers in April but will reduce supply of heavier oil to Chinese and India

Saudi Aramco is set to cut the supply of its heavier crude to Asia in April due to field maintenance.

Reuters and staff reporter Saudi Aramco plans to meet full contractual crude oil volumes to most Asian buyers in April, but will reduce supp...

By Giulia Petroni Top oil exporter Saudi Arabia kept the March price for its flagship Arab Light crude to Asian customers unchanged from the previous month at a more than two-year low. ...

Asian refiners expected hefty cuts in Saudi Aramco’s formula prices, however the ultimate price-slashing done by the Saudi national oil company might have surprised even the most ambitious among all buyers

The Dubai futures contract moved into contango this month, for the first time in three years, with spot-traded medium sour grades across the Middle East continuing their decline amidst increasing availability and slackening demand.

Over the past month, oil prices have shed some $10 per barrel and WTI even started to see contango as market sentiment soured, developments that will inevitably lead to lower Middle East OSPs in December