Saudi Arabia cuts July oil prices for Asia to nearly 4-year low after OPEC+ supply boost

Oil Prices Slip on a Saudi Price Cut and a U.S. Inventory Build

Crude oil prices fell as traders reacted to a fuel inventory build and Saudi Arabia’s deeper-than-expected price cuts for Asian buyers.

Oil prices up after sharp drop sparked by OPEC+ output hike plan

Prices rebound on profit-taking after plunging to their lowest since February 2021 on Monday, following OPEC+ decision by 8 members to boost output. - Anadolu Agency

Saudi Arabia cuts July oil prices for Asia to nearly 4-year low after OPEC+ supply boost

Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in four years on Wednesday, in what the market sees as the country's attempt to regain market share.Saudi Arabia has pushed OPEC+ this year to raise its output targets ahead of schedule

Saudi Aramco lowers July oil prices for Asian markets

RIYADH: Saudi Aramco has slashed its official selling price for crude oil destined for Asia in July, the company confirmed in an official statement on Wednesday. The state-owned oil giant cut the price of its benchmark Arab Light crude by $0.20, setting it at $1.20 per barrel above the average of Oman and Dubai crude prices. Saudi Aramco prices its crude oil across five

Saudi Arabia Cuts Oil Prices for Asia as OPEC+ Adds Barrels