Saudi Arabia Expected to Slash Oil Prices Again | HappeningNow.news

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Saudi Arabia Expected to Slash Oil Prices Again

Saudi Arabia is expected to slash again the official selling prices of the crude it will load for Asia in July amid weakening demand and narrowing spot Middle East crude premiums, a Reuters survey of industry sources showed on Friday.

Source Summary Published May 29, 2026 Brief Under 1 min brief
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Summary

Saudi Arabia is expected to slash again the official selling prices of the crude it will load for Asia in July amid weakening demand and narrowing spot Middle East crude premiums, a Reuters survey of industry sources showed on Friday.

Read original at Oilprice

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