Saudi Arabia lowers oil prices for Asia as economies slow
Saudi Aramco cut the price of its key Arab Light grade for December sales
Source: gulfnews.com
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Saudi Arabia cuts oil prices for Asia as economies slow
Saudi Arabia lowered most of its oil prices for its main market of Asia in a sign of weakening with the global economic slowdown. State-controlled Saudi Aramco cut the price of its key Arab Light grade for December sales to Asia by 40 cents to $5.45 a barrel above the…
Source: businessmirror.com.ph
Saudi Arabia may cut oil prices for Asia
Top oil exporter Saudi Arabia may cut the prices of most crude grades to Asia in December as weaker-than-expected fuel consumption in China
Source: arynews.tv
Saudi Arabia may cut crude prices for Asia for December cargoes
SINGAPORE: Top oil exporter Saudi Arabia may cut the prices of most crude grades to Asia in December as weaker-than-expected fuel consumption in China amid its strict COVID-19 rules put a lid on regional demand, trade sources said. State oil giant Saudi Aramco may lower the official selling price for its flagship Arab Light crude by about 30 to 40 cents per barrel in December,
Source: arabnews.com
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
Source: oilprice.com