Page 7 - Extra Light News Today : Breaking News, Live Updates & Top Stories | Vimarsana

(Corrects to insert dropped word in 3rd paragraph) By Florence Tan SINGAPORE (Reuters) - Top oil exporter Saudi Arabia is expected to raise crude pric...

Saudi Aramco hiked official selling prices for its Asia-bound crude higher than the rise in the Dubai structure last month though market participants deemed the increase to be within expectations, given the ongoing volatility due to the Russia-Ukraine conflict, sources told S&P Global Commodity Insights March 7. Aramco, in a March 5 notice, raised the ...

Saudi Aramco raised official selling prices across the board for April-loading cargoes, with Asia-bound barrels seeing the largest increases between $2.15/b and $2.70/b, according to a pricing document released by Saudi Aramco on March 4. The stronger OSPs follow the recent rally in crude futures prices, including the Dubai sour complex, which have jumped following ...

Middle Eastern producers hiked oil prices for March as global inventories tighten and the disparity between OPEC’s self-reported production and third-party assessments widens

Top oil exporter Saudi Arabia may implement deep price cuts for the crude it sells to Asia in February after Middle East benchmarks and spot prices slumped this month, industry sources said. The producer is expected to cut official selling prices (OSPs) of all grades by more than $1 in February from the previous month, ...