Saudi Arabia Slashes Oil Prices Again as Asian Demand Weakens | HappeningNow.news

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Saudi Arabia Slashes Oil Prices Again as Asian Demand Weakens

Saudi Arabia has slashed the official selling prices of its crude loading in July to customers in Asia, Europe, and the United States, in a widely expected second consecutive monthly cut amid weakening demand and narrowing spot Middle Ea…

Source Summary Published June 8, 2026 Brief Under 1 min brief
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Summary

Saudi Arabia has slashed the official selling prices of its crude loading in July to customers in Asia, Europe, and the United States, in a widely expected second consecutive monthly cut amid weakening demand and narrowing spot Middle East crude premiums.

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