Saudi Arabia cut the official selling price of crude to Asia[/size] Twilight News
2 hours ago
Saudi Arabian Aramco said on Thursday it had cut the price of its Arab light crude in shipments to Asian customers for August to $ 0.20 a barrel from July to $ 1.90 a barrel above the average bid for Oman and Dubai.
Aramco reduced the official sale price of its Arab Light crude to Northwest Europe by $ 0.45 in August shipments compared to the previous month to Brent, less $ 2.85 a barrel.
The price of light Arab crude for August in shipments to the United States at $ 0.80 above the Argos index of high-sulfur ore, less than a tenth of a barrel a barrel from the previous month.