Aramco to reduce heavy oil supply
Reuters and staff reporter Saudi Aramco plans to meet full contractual crude oil volumes to most Asian buyers in April, but will reduce supp...
Source: thestandard.com.hk
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Saudi Arabia Leaves Arab Light Crude Price to Asia Unchanged
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. ...
Source: marketscreener.com
Red Sea Disruptions Force Saudi Aramco to Slash Prices
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
Source: oilprice.com
Houthi Attacks Fail to Stop Middle East's Pricing Problem
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.
Source: oilprice.com
The Middle East Enjoys Last Month Of High Prices Before Cuts Kick In
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
Source: oilprice.com