Saudi Arabia Raises Oil Prices

Saudi Arabia Raises Oil Prices

Saudi Aramco will be selling its crude to all buyers next month, even as OPEC+ agreed to boost supply by more than what analysts expected. Kpler’s Amena Bakr published the new Aramco price list on X, showing that the biggest price hike will hit buyers of Saudi crude in Europe. The hike across crude blends is $1.40 per barrel from July. Asian buyers will have to pay between $0.90 and $1.30 more per barrel of Saudi crude next month, while buyers i…