Saudi Arabia Raises Oil Prices Again

June 6, 2022
Posted by: AliensFaith
Category: OBJECTIVE PRESS

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Crude oil prices rose at the start of this week after Saudi Arabia said Sunday it would raise its oil prices for most regions, excluding the United States. The increase in prices was the biggest for Asian buyers, with the flagship Arab Light set to sell for $2.10 per barrel more than it did this month, at $6.50 per barrel over the Oman/Dubai benchmarks. Arab Light will be more expensive for the European market as well. Saudi Arabia hiked the price for the grade that is similar to Russia’s Urals by $2.20 for European buyers, to $4.30 per barrel…

Author: AliensFaith

HighTech FinTech researcher, university lecturer & Scholar. He is studying his second doctoral degree at the Hague International University. Studying different fields of Sciences gave him a broad understanding of various aspects of life. His recent researches covered AI, Machine-learning & Automation concepts. The Information Technology Skills & Knowledge gave his company a higher position over other regional high-tech consultancy services. The other qualities and activities which can describe him are a Hobbyist Programmer, Achiever, Strategic Thinker, Futuristic person, and Frequent Traveler.

Saudi Arabia Raises Oil Prices Again

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