Saudi oil price to increase for Asia

Saudi oil price to increase for Asia
© Photo: Maria Novoselova / Vestnik Kavkaza

Saudi Arabia raised the price of its crude to Asia for a third consecutive month, as the kingdom tries to tighten the oil market to prevent a global surplus.

Saudi Aramco raised the June official selling price of Arab Light crude for customers in Asia by 90 cents to $2.90 a barrel above the regional Oman-Dubai benchmark.

Prices for other lighter and heavier varieties were also increased from May.

2715 views
We use cookies and collect personal data through Yandex.Metrica in order to provide you with the best possible experience on our website.