Tag: Asia
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Saudi Aramco lowers its oil selling prices to Asia in June
Saudi Aramco announced the official prices for selling shipments of Arab Light crude to its customers in Asia, Europe and the United States, during the month of June 2023. The company decided to lower the official Saudi oil selling prices for Arab Light crude to Asia by 25 US cents to $2.55 per barrel, above…
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Saudi Aramco plans to cut oil sales prices to Asia in June (survey)
Saudi Aramco is heading to reduce the official selling prices for Arab crude destined for Asia, during next June, in light of fears of a global economic recession that may affect demand. A survey revealed that the Saudi oil giant, the largest oil exporter in the world, may reduce the price of its main Arab…
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The price of Iranian oil to Asia rises in May, following in the footsteps of Saudi Arabia
Next May, the price of a barrel of Iranian oil destined for Asia will increase by about $0.3 compared to the current month of April, with the same value by which Saudi Aramco increased its shipments during the next month. And the National Iranian Oil Company announced the official selling prices for shipments for the…
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Saudi Aramco may raise oil selling prices to Asia in May (Survey)
Saudi Aramco intends to raise the official selling prices for Arab crude destined for Asia, during next May, after the decision of several OPEC + countries to voluntarily cut production. A Reuters survey, seen by the specialized energy platform, indicated that the new increase comes amid expectations of an increase in Chinese demand in the…
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Saudi Aramco raises its official selling oil prices to Asia in May
Saudi Aramco announced the official prices for selling shipments of Arab Light crude to its customers in Asia, Europe and the United States, during the coming month of May (2023). The company decided to raise the official Saudi oil selling prices for Arab Light crude to Asia by 30 US cents to $2.80 per barrel,…
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Kuwait reduces oil exports to Asia for Al-Zour refinery
Kuwait intends to reduce its crude oil exports to Asia, starting next April, in conjunction with its plans to expand the production of oil derivatives. The Kuwait Petroleum Corporation asked some Asian refineries to obtain a lower share of oil under their annual deals, according to what was seen by the specialized energy platform. The…
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Kuwait raises the selling prices of oil to its customers in Asia during April
Kuwait raised the official selling price for its oil shipments for the month of April (2023) to its customers in Asia, following in the footsteps of Saudi Aramco. The KPC price document – which was seen by the specialized energy platform – for shipments for the month of April, showed that the price of a…
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Saudi Aramco plans to raise oil selling prices to Asia in April (survey)
Saudi Aramco is moving to raise the official selling prices of oil to its customers in Asia, Europe and America during next April. A Reuters survey, seen by the specialized energy platform, showed that the world’s largest oil exporter may raise the price of Arab Light crude by about $0.4 for April shipments, compared to…
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The price of Iranian oil is rising to Asia, in the footsteps of Saudi Arabia
Today, Tuesday, February 21 (2023), Tehran announced that it has raised the price of Iranian light crude oil, for next March shipments, to its customers in Asia, by 20 cents, similar to Saudi Arabia. The National Oil Company has set the official selling price for Iranian light grade oil to Asian buyers at $2 a…
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Saudi Aramco raises the selling price of oil to Asia in March
Saudi Aramco announced the official selling prices for shipments of Arab Light crude to its customers in Asia, Europe and the United States, during the month of March of this year (2023). The company decided to raise the official selling prices for Arab Light crude to Asia by 20 US cents to $2 per barrel,…