Saudi Arabia Hikes Oil Prices To Asia Once Again

Advertisements

Saudi Arabia on Tuesday raised again the price of its oil going to Asia in August to close to record differentials, in a widely expected move that tracks strong refining margins and expectations of robust demand. Saudi Aramco announced on Tuesday that it was lifting its official selling prices (OSP) to all regions except the United States, where no change in differentials was made. The price of Saudi Arabia’s flagship Arab Light crude grade to Asia in August was raised by $2.80 a barrel to $9.30 per barrel over the Dubai/Oman benchmark, off…      



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.

Discover more from Maheri Network

Subscribe now to keep reading and get access to the full archive.

Continue reading

Exit mobile version