Saudi Arabia lowered prices for Arab light crude it sells to Asia to $1.80 a barrel above the Oman/Dubai average, the lowest since November 2021 according to Aramco.

The price cut is $1.45 a barrel less than the January official selling prices and is in line with market expectations.

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Saudi Arabia lowered prices for Arab light crude it sells to Asia to $1.80 a barrel above the Oman/Dubai average, the lowest since November 2021 according to Aramco.

The price cut is $1.45 a barrel less than the January official selling prices and is in line with market expectations.

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Saudi Cuts Arab Light Prices for Asia

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