Published 1 year ago

Saudi Arabia sets Jan Arab Light prices to Asia at 10-mth low

Summary by Ground News

Saudi Arabia, the world's top oil exporter, cut the January official selling price (OSP) for its flagship Arab Light crude for Asian buyers to a 10-month low. The change was in line with market forecasts for a cut of about $2 a barrel. The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, known as OPEC+, on Sunday decided to keep unchanged their plan to cut production.

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Reuters

Saudi Arabia sets Jan Arab Light prices to Asia at 10-mth low

Saudi Arabia, the world's top oil exporter, cut the January official selling price (OSP) for its flagship Arab Light crude for Asian buyers to a 10-month low, on concerns over faltering demand and a potential increase in Russian competition.

1 year ago·United Kingdom

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Channel News Asia

Saudi Arabia sets Jan Arab Light prices to Asia at 10-mth low

:Saudi Arabia, the world's top oil exporter, cut the January official selling price (OSP) for its flagship Arab Light crude for Asian buyers to a 10-month low, on concerns over faltering demand and a potential increase in Russian competition.The OSP for January-loading Arab Light to Asia was trimmed by $2.20

1 year ago·Singapore

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