Oil prices look to bounce off 2025 lows after Saudi price hike for Asian buyers

Oil prices look to bounce off 2025 lows after Saudi price hike for Asian buyers

Oil found some support Thursday from an increase in Saudi Arabia’s crude prices for Asian buyers, which implied strength in crude demand. But a hefty rise in last week’s U.S. supplies and uncertainty surrounding tariff disputes helped weaken the outlook for crude demand.

Oil pares losses after Saudi price increase

Oil prices ticked up in early Asian trading on Thursday, steadying from a sell-off the previous day after Saudi Arabia's state oil company sharply raised March oil prices. Brent crude futures rose 14 cents, or 0.19%, to $74.75 a barrel by 0148 GMT. U.S. West Texas Intermediate crude was up 18 cents, or 0.25%, to $71.21 a barrel. Saudi Aramco, the world's leading oil exporter, on Wednesday announced it would sharply increase prices to buyers in A…

Saudi Aramco Boosts Oil Prices to Asia as Mideast Crude Soars

Saudi Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to surging premiums for Middle Eastern crude and improving refinery margins.

Saudi Aramco Sharply Increased Crude Prices - Archer Financial Services

audi Aramco, the world's leading oil exporter, sharply increased crude prices for March shipments to buyers in Asia.

Oil prices rise slightly after Saudi price hike

February 06, 2025 (MLN): Oil prices edged up in Asian trading on Thursday after Saudi Arabia's state oil company sharply raised March oil prices, but the increase was barely a blip on the biggest slide in benchmark Brent prices in nearly three months the previous day. Brent crude futures increased by $0.32, or 0.43%, to $74.93 per barrel. West Texas Intermediate (WTI) crude futures rose by $0.31, or 0.44%, to $71.34 per barrel by [11:50 am] PST.…