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Will Demand Concerns Force Middle East Producers To Cut Oil Prices

OPEC+ output cuts created an ideal scenario for Middle East producers to hike OSPs, but ongoing demand concerns could force them to cut prices in June

Kuwait raises May KEC crude price for Asia - price document

Kuwait raised the official selling price (OSP) for Kuwait Export Crude (KEC) to Asia in May by 25 cents from the previous month to $2.40 a barrel above the average of Oman/Dubai quotes, a price document reviewed by Reuters showed on Wednesday.

Middle East Producers Cannot Afford To Significantly Hike Oil Prices

Benchmarks mixed; Russia s Urals exports to China may hit 7-mth high in January

Benchmarks mixed; Russia s Urals exports to China may hit 7-mth high in January
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Middle East Producers Cautious To Hike Prices After OPEC+ Production Cuts

While the OPEC+ output cut would warrant a further hike in OSPs, recession fears continue to spook traders and producers alike, and especially Middle East producers are cautious when it comes to aggressive price hikes

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