Saudi Arabia Cuts Oil Prices for Asia as OPEC+ Output Inches Up ...Middle East

OILPRICE - Economy
Saudi Arabia Cuts Oil Prices for Asia as OPEC+ Output Inches Up
source : OILPRICE ( Middle East ) () 46
Saudi Arabia just dialed back its crude prices for Asia, according to Aramco’s just-published rate sheet. The company has trimmed official selling prices (OSPs) for the first time in three months, with Aramco’s April price sheet now showing Arab Light at $3.50 per barrel over Oman/Dubai, a 40-cent cut. That’s after last month’s price spike, driven by U.S. sanctions squeezing Russian supply. But with OPEC+ greenlighting a 138,000 bpd production increase for April—the cartel’s first hike since 2022—Riyadh…

Read More Details
Finally We wish PressBee provided you with enough information of ( Saudi Arabia Cuts Oil Prices for Asia as OPEC+ Output Inches Up )

Also on site :

Most viewed in Economy
CIT Srl traza un camino visionario en la digitalización de la cadena de suministro gracias a TraceLink
PR Newswire - before 8 hours & 50 minute
Fed Chair Jerome Powell warns that more ‘supply shocks’ mean interest rates stay higher
Quartz - before 10 hours & 23 minute
JPMorgan Chase CEO Jamie Dimon says recession is still on the table for U.S.
CNBC - before 11 hour & 7 minute
CIT Srl trace une voie visionnaire dans la numérisation de la chaîne d'approvisionnement avec la Multienterprise Information Network Tower (MINT) de TraceLink
PR Newswire - before 9 hours & 7 minute
Top Japanese Refiners Step Back From Low-Carbon Investments
OILPRICE - before 10 hours & 37 minute
The Return of Peak Oil
OILPRICE - before 10 hours & 18 minute
Nvidia-backed CoreWeave revealed big AI bills — and the stock dipped 13%
Quartz - before 8 hours & 24 minute
MindHYVE.ai™ and Alkhidmat Foundation Partner to Launch Pakistan's First Multi-Sector AI Initiative for Social Good
PR Newswire - before 3 hours & 30 minute
Deere's slump shows the real economy is slowing down
Quartz - before 6 hours & 57 minute
Russia’s Oil Export Revenue Plunges to Near Two-Year Low
OILPRICE - before 11 hour & 14 minute
Trump wants Apple to stop building iPhones in India — just as production ramps up
Quartz - before 11 hour & 33 minute
Why First Solar Has Surged More Than 40% in One Month
OILPRICE - before 2 hours & 13 minute


Latest News

Exro Technologies Reports First Quarter 2025 Results

before 33 minute

Japan's economy contracts by a more than expected 0.2% from prior three months

before hour & 7 minute

China’s Trade Truce Sparks Coal Comeback, Rattles Climate Crowd

before hour & 8 minute

Millions ‘walking financial tightrope’ as one in four adults have low resilience

before hour & 48 minute

Why First Solar Has Surged More Than 40% in One Month

before 2 hours & 13 minute

Strong U.S. Refining Chain Critical to Break China’s Control of Rare Earths

before 3 hours & 17 minute

It looks like Meta just hit a big AI roadblock

before 3 hours & 22 minute

MindHYVE.ai™ and Alkhidmat Foundation Partner to Launch Pakistan's First Multi-Sector AI Initiative for Social Good

before 3 hours & 30 minute

FERC Says US Electric Grid May Not Make It Through Summer Unscathed

before 3 hours & 49 minute

House GOP plan to raise child tax credit adds citizenship provisions

before 4 hours

Saudi Aramco Slashes Dividend

before 4 hours & 6 minute

The Middle East Has Entered the AI Group Chat

before 4 hours & 7 minute

Trump’s Computer Chip Deals With Saudi Arabia and UAE Divide US Government

before 4 hours & 19 minute

The Summer of Electric Grid Discontent Is Coming to a City Near You

before 4 hours & 25 minute

Sudden escalation of trade tensions sends shockwaves through global economy

before 4 hours & 35 minute