Saudi Arabia raises June Arab light crude price to Asia
![]() 2326 Thursday, 07 May, 2020, 22:15 Saudi Arabia's state oil giant Aramco has raised the June price for its Arab light crude oil to Asia by $1.40 a barrel from May, setting it at a discount of $5.90 to the Oman/Dubai average, according to a document seen by Reuters on Thursday. The rise in the crude oil official prices (OSPs) to Asia are not in line with market expectations. Asian refiners were expecting Saudi Arabia to cut the prices of its crude for a fourth straight month in June after Middle East benchmarks slumped on poor refining margins as the coronavirus pandemic slammed demand, according to a Reuters survey. |
Brussels to propose sanctions against Israel as Gaza war escalates
354Yesterday, 20:51Elon Musk just lost his title as world’s richest person
98810.09.2025, 19:36Treasury secretary says U.S. and European Union must partner to 'collapse' Russian economy
142907.09.2025, 23:46India’s Russian oil gains wiped out by Trump’s tariffs: #Reuters
169628.08.2025, 21:00India’s Russian oil gains wiped out by Trump’s tariffs
161127.08.2025, 20:24"If Putin doesn't stop the war, we'll start an economic war" - Trump
149327.08.2025, 13:18US imposes 50% tariffs on India for buying Russian oil
145027.08.2025, 13:00Russia to implement project on navigation seals with Armenia
145526.08.2025, 17:30