Worsening refining margins in China and the wider Asian region are among the factors cited for the expected price cut
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Saudi Arabia to keep December Arab Light crude oil price to Asia steady from November: Report
Top oil exporters Saudi Arabia and Russia also confirmed on Sunday they would continue with their additional voluntary oil output cuts until the end of the year
Arab Light Crude
Oil backs off Saudi-inspired three-month high as India doubles down on Russian crude
India says it wants a new six-month deal for Russian oil, despite the Ukraine invasion, forcing crude prices to slip a little from an earlier rally.
Arab Light Crude
Saudi Aramco lowers oil prices for first time in four months amid uncertainty around Russian supplies
Aramco’s decision comes days after OPEC+, led by Saudi Arabia and Russia, agreed to continue increasing crude output only gradually, adding 432,000 barrels a day to the market in June
Arab Light Crude
Oil gains as Saudis signal confidence in demand with price hike
Futures in New York advanced more than 2 percent to trade near $68-a-barrel
Arab Light Crude
Saudis cut oil price to Asia after OPEC+’s restraint fuels rally
Since the start of the year, Brent crude has jumped almost 60 percent as major economies recover from the coronavirus pandemic and OPEC+ maintains supply restrictions
Arab Light Crude
Saudis cut oil pricing for October as OPEC+ adds crude supply
Saudi Aramco is lowering pricing for Arab Light crude by $1.30-a-barrel to a premium of $1.70, more than the regional benchmark
Arab Light Crude
Saudis raise oil prices after OPEC+ fails to add supply
In its main market of Asia, Saudi Aramco increased the official selling price for Arab Light crude by 80 cents a barrel to $2.70 above the regional benchmark
Arab Light Crude
Saudis raise crude prices to Asia, US as OPEC+ extends cuts
Saudi Aramco increased pricing for Arab Light crude for Asia by 40 cents a barrel to $1.40 more than the benchmark