Publisher: Maaal International Media Company
License: 465734
Monday, 19 May 2025
Sources: Saudi Arabia raised price of Arab Light crude for Asia in August
Saudi Arabia, the world’s largest oil exporter, raised prices for its Arab Light crude oil to Asian buyers in August, the second increase in several months.
According to Reuters, informed sources said on Thursday that the official selling price for August loading cargoes to Asia rose 20 cents a barrel from July, to a premium of $3.20 a barrel above the prices offered for the average Oman / Dubai.
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