Saudi Arabia Hikes Oil Prices to Asia After OPEC+ Shock Cuts
Saudi Arabia hiked official selling prices for all of its oil sales to Asian customers in May, days after the kingdom led a surprise OPEC+ output cut. State-owned
Saudi Arabia Hikes Oil Prices to Asia After OPEC+ Shock Cuts
State-owned Saudi Aramco raised its selling price for flagship Arab Light crude to Asia by 30 cents a barrel, boosting prices for a third consecutive month, according to price sheets seen...
Saudi Arabia sets Aug crude prices to Asia at near-record high
The official selling price (OSP) for August-loading Arab Light to Asia was raised by $2.80 a barrel from July to $9.30 a barrel over Oman/Dubai quotes, state oil
Saudi Arabia Surprises Markets By Increasing Oil Prices To Asia
Last month, Saudi Arabia slashed the Arab Light price by $1.45 per barrel, setting the price for February loadings at $1.80 a barrel above the Dubai/Oman benchmark. The premium to the...
Saudi Arabia Surprises Markets By Increasing Oil Prices To Asia
Saudi Arabia Surprises Markets By Increasing Oil Prices To Asia By Tsvetana Paraskova Feb 06, 2023, 7:37 AM CST On Monday, Saudi Arabia raised the
Saudi Arabia, other oil producers announce surprise cuts that could
Saudi Arabia and other major oil producers on Sunday announced surprise cuts totalling 1.15 million barrels per day from May until the end of the year, a move that could raise prices worldwide.
Saudi Arabia hikes July crude prices surprisingly high
The official selling price (OSP) for July-loading Arab Light to Asia was hiked by $2.1 a barrel from June to $6.5 a barrel over Oman/Dubai quotes, just off an all
Why Saudi Arabia defied the US over OPEC oil supply cut
For its budget to break even, global oil prices must be at around $79 a barrel, according to the International Monetary Fund. Last month, prices dropped to $85 per barrel from a high of $139...
Saudi Arabia is increasing supply — so why is the oil price
The price of oil has barely budged since Saudi Arabia and allied producers agreed to start pumping more quickly. The Brent crude contract for August delivery
America and Saudi Arabia are locked in a bitter battle over oil. The
After trying and failing to persuade OPEC to ramp up oil production, President Joe Biden reversed his 2020 campaign promise to make Saudi Arabia a 減ariah?over its human rights record.
