Saudi Arabia may hike March oil prices for Asia to highest in over a year
Top oil exporter Saudi Arabia may raise crude prices for Asian buyers in March to their highest in more than a year after benchmark prices spiked on higher demand from China and India as U.S. sanctions disrupted Russian supply,
Oil prices attempt to bounce off 2025 lows after Saudi Arabia raises crude prices
Oil futures ticked higher early Thursday, seeing a modest bounce off 2025 lows after Saudi Arabia’s state-owned petroleum company significantly raised physical crude prices for Asia.Price moves West Texas Intermediate crude for March delivery rose 29 cents,
Oil prices recover slightly after Saudi Arabia raises prices
The price of Saudi Aramco’s flagship Arab Light crude oil was raised by $2.40 per barrel to $3.90 per barrel for March over the benchmark, reaching its highest level since December 2023. The increase also saw its highest monthly increase since August 2022.
Oil Edges Higher After Saudi Arabia Hikes Selling Prices
Oil edged higher after Saudi Arabia lifted prices for March loadings of all crude grades it exports amid surging premiums for Middle Eastern oil.
Oil prices look to bounce off 2025 lows after Saudi price hike for Asian buyers
Oil found some support Thursday from an increase in Saudi Arabia’s crude prices for Asian buyers, which implied strength in crude demand. But a hefty rise in last week’s U.S. supplies and uncertainty surrounding tariff disputes helped weaken the outlook for crude demand.
Saudi Aramco hikes Arab Light prices for Asia’s oil market
Saudi Aramco, the world’s largest oil producer, has significantly increased its official selling price for Arab Light crude oil destined for Asia. This move has sent ripples through the global energy markets,
Saudi Aramco hikes Asian crude oil price by $2.40 a barrel
State oil producer Saudi Aramco (TADAWUL:2222) has increased the price of its Arab Light oil to Asia for March by $2.40 a barrel. This adjustment, the largest since August 2022, surpasses the $2 increase that traders and refiners had anticipated,
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