Saudi Arabia raises prices for its oil for Asia

Saudi Arabia raises prices for its oil for Asia
# 06 May 2024 03:05 (UTC +04:00)

Saudi Arabia's national oil company Saudi Aramco has raised selling prices for its oil to Asian countries for June, APA reports.

The price of Arab Light oil for Asian buyers has been increased by $0.9 per barrel. Thus, the price turned out to be $2.9 higher than the regional benchmarks Oman/Dubai. At the same time, oil refining companies expected an increase in the cost of Saudi oil for Asia by $0.6 per barrel.

The company increases prices for its oil for the Asian market for the third month in a row

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