Energy · 41 views
Saudi Arabia Expected to Slash Oil Prices Again
What I Cover Tsvetana Paraskova is an energy and commodities journalist who has contributed to Oilprice.com for nearly a decade, covering global energy markets, commodities,… Saudi Arabia is expected to slash again the official selling…
AI Summary
Saudi Arabia is expected to reduce the official selling prices of the crude it will load for Asia in July. The decision comes amid weakening demand and narrowing spot Middle East crude premiums. Industry sources in a Reuters survey confirmed the anticipated price cut.
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