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Saudi Arabia may drop July oil prices to Asia to 6-month lows after OPEC+ boosts supply
The world's biggest oil exporter Saudi Arabia may cut its crude prices for Asian buyers in July to the lowest in six months, refiners said, tracking losses in benchmark prices driven by rising supply from OPEC+.
Saudi Arabia may reduce its crude oil prices for Asian buyers due to rising OPEC+ supply and market share competition.
OPEC+ agreed to surge oil output for the third month in a row despite reservations from key member Russia, doubling down on a ...
The hike follows equally sized increases scheduled for May and June, marking a clear break with years of efforts by the group ...
Saudi Arabia is reconsidering the pace and scope of its investment projects and may increase borrowing as plunging oil prices ...
Saudi Arabia’s sliding stocks are on course to be the worst performers globally this month as falling oil prices prompt ...
Saudi crude official selling prices are usually released around the fifth of each month, and set the trend for Iranian, ...
The 12% monthly increase in refining crude intake in March was 23% above the 10-year average for the same period ...
In a bold move that underscores a major strategic shift, OPEC+ agreed to ramp up oil production for a third consecutive month ...
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