Published 27 days ago

Saudi Arabia Hikes Oil Prices in Increasingly Tight Market

Summary by Oil Price

Saudi oil giant Aramco, the world’s top crude oil exporter, hiked on Friday the prices of most of its crude grades for May, as Middle Eastern benchmarks are strengthening in a market that looks increasingly tight. For a second consecutive month, Saudi Arabia raised the price of Arab Light, its flagship grade selling in Asia, by more than expected. Aramco set the official selling price (OSP) of Arab Light for Asia for May by $0.30 per barrel to…

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TASS [🇷🇺-affiliated]

Saudi Aramco hikes key oil prices in Asia in May

According to the agency, the price of Arab Light oil for Asian buyers has been increased by $0.3 per barrel

27 days ago·Moscow, Russian Federation

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Bloomberg

Saudi Arabia Hikes Key Oil Prices Further As Market Tightens

(Bloomberg) -- Saudi Arabia hiked the price of its flagship crude to its main buyers in Asia for next month after OPEC+ agreed to keep current supply cuts in place and as the Middle Eastern oil market shows signs of strengthening. State-owned Saudi Aramco raised the official selling price of Arab Light crude for Asia to a premium of $2 a barrel to the regional benchmark for May sales, according to a price list seen by Bloomberg. The monthly ga…

28 days ago·United States

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Oil & Gas 360

Saudi Arabia hikes oil prices in increasingly tight market

The latest oil and gas news, dedicated to all things oil and gas: people, technologies, transactions, trends, and macro-economic analysis that impact commodity prices.

28 days ago·Denver, United States

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Rigzone

Saudi Arabia Hikes Key Oil Prices Further as Market Tightens

Saudi Arabia hiked the price of its flagship crude to its main buyers in Asia for next month.

27 days ago

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شفق نيوز

Saudi Arabia is raising the price of selling Arabian diamonds.

Saudi Aramco announced on Friday that the Kingdom had raised the official selling price of its light Arab crude to customers in Asia and the Middle East in May. Aramco set the official selling price for buyers in Asia, including Japan and Dubai, at a premium of 30 cents above the Saudi Arabian benchmark, raising prices by 30 cents from April. The increase in the price of light Arab crude heading to Asia was consistent with expectations. Aramco's…

28 days ago

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