Saudi Arabia Expected To Cut Oil Prices To Asia
According to a Reuters survey of six Asian refining sources, Saudi Arabia is expected to reduce the price of its oil going to Asia.
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According to a Reuters survey of six Asian refining sources, Saudi Arabia is expected to reduce the price of its oil going to Asia.
SINGAPORE (Reuters) - Asian refiners are likely to take less oil from Saudi Arabia for July and buy more spot cargoes such as those from the United Arab Emirates after the world's top exporter unexpectedly raised prices and pledged to cut output, traders said on Tuesday. | 03:07am
Asian refiners are likely to take less oil from Saudi Arabia for July and buy more spot cargoes such as those from the United Arab Emirates after the world's top exporter unexpectedly raised prices and pledged to cut output, traders said on Tuesday.
SINGAPORE : Asian refiners are likely to take less oil from Saudi Arabia for July and buy more spot cargoes such as those from the United Arab Emirates after the world's top exporter unexpectedly raised prices and pledged to cut output, traders said on Tuesday.Saudi Arabia raised the July official selling
As Middle Eastern producers were thinking of formula prices for their cargoes loading in June, they did not necessarily see the scope of the macroeconomic headwinds that they were up against