Oil Falls as Saudi Price Cuts Highlight Softer Market
Oil declined after Saudi Arabia cut official selling prices for all regions, the latest sign that fundamentals are worsening.
Source: rigzone.com
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Stocks jump with tech-related share boost; oil falls on Saudi price cuts
Global stock indexes rose on Monday with U.S. tech-related shares driving a more than a 1% gain in both the S&P 500 and Nasdaq, while U.S. oil prices dropped 4% as price cuts by top exporter Saudi...
Source: marketscreener.com
Oil markets tumble over 3% as Saudi Arabia slashes prices
Oil prices witnessed a decline of more than 3 per cent on Monday, primarily attributed to substantial price reductions by Saudi Arabia.
Source: humnews.pk
Saudi Arabia cuts February Arab Light crude price to Asia to 27-month low
Saudi Aramco slashed the official selling price (OSP) for February-loading Arab Light to Asia by $2 a barrel from January to $1.50 a barrel over Oman/Dubai quotes, a level last seen for November 2021. Get more World Economy News and Business News on Zee Business.
Source: zeebiz.com
Saudi Arabia cuts Feb Arab Light crude price to Asia to 27-month low - Markets
SINGAPORE: Top oil exporter Saudi Arabia on Sunday cut the February price of its flagship Arab Light crude to Asian...
Source: brecorder.com