Tag: Asia

  • The price of Iranian oil destined for Asia rose 15 cents in August

    The price of Iranian oil destined for Asia rose 15 cents in August

    The price of Iranian oil destined for Asia is scheduled to rise, during next August, by about 15 cents compared to the current month of July, at a value that is 5 cents lower than the prices of Saudi Aramco shipments during the next month. The National Iranian Oil Company announced the official selling prices…

  • Saudi Aramco may cut oil sales prices to Asia in August (Survey)

    Saudi Aramco may cut oil sales prices to Asia in August (Survey)

    Saudi Aramco intends to reduce the official selling prices for Arab crude destined for Asia, during next August, in light of continuing fears of a global economic recession that may affect demand. A Reuters poll revealed that the Saudi oil giant, the largest oil exporter in the world, may reduce the price of its main…

  • Iran’s oil price to Asia rises 40 cents in July

    Iran’s oil price to Asia rises 40 cents in July

    The price of Iranian oil destined for Asia is scheduled to rise, during next July, by about 40 cents compared to the current month of June, at a value that is 5 cents lower than the prices of Saudi Aramco shipments during the next month. And the National Iranian Oil Company announced the official selling…

  • Aramco oil prices to Asia may drop to the lowest level in 20 months (survey)

    Aramco oil prices to Asia may drop to the lowest level in 20 months (survey)

    A new survey showed that Saudi Aramco oil prices to Asia may decline during the month of June, at a time when the markets are awaiting the next OPEC + meeting to determine production policy, after the decision of the additional voluntary reduction of some coalition countries, which began in May and continues until The…

  • Saudi Aramco lowers its oil selling prices to Asia in June

    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…

  • Saudi Aramco plans to cut oil sales prices to Asia in June (survey)

    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…

  • The price of Iranian oil to Asia rises in May, following in the footsteps of Saudi Arabia

    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…

  • Saudi Aramco may raise oil selling prices to Asia in May (Survey)

    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…

  • Saudi Aramco raises its official selling oil prices to Asia in May

    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,…

  • Kuwait reduces oil exports to Asia for Al-Zour refinery

    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…