Saudi Arabia raises oil prices for Asia

Saudi Arabia raises oil prices for Asia
# 07 June 2021 14:30 (UTC +04:00)

Saudi Arabia raised prices for oil shipments to customers in its main market of Asia, APA-Economics reports citing Bloomberg.

Aramco, the Saudi state energy firm, will increase its grades for Asia in May by between 20 and 50 cents a barrel, according to a statement. It will raise the key Arab Light grade for the region by 40 cents from April to $1.80 per barrel above the benchmark.

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