Reported 1 day ago
Saudi Arabia has reduced its crude oil prices for Asian buyers to the lowest level in four months, cutting the official selling price for Arab Light crude by $2.30 to just above the average Oman and Dubai prices. This price drop comes after OPEC+ decided to increase oil supply, which led to earlier declines in oil prices. This marks the second consecutive month of price reductions by Saudi Aramco.
Source: YAHOO