Media: Saudi Aramco cut oil prices for Asia in October
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. Saudi Arabia’s state-owned oil and gas company Saudi Aramco has lowered October selling prices for oil for Asia, Reuters reported, citing documents. “Saudi… PRIME, 09/06/2022
oil, energy, news, saudi aramco, aspac, oil prices
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Economic Information Agency PRIME
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Media: Saudi Aramco cut oil prices for Asia in October
MOSCOW, 6 Sep — PRIME. Saudi Arabia’s state-owned oil and gas company Saudi Aramco has lowered October selling prices for oil for Asia, Reuters reported, citing documents.
The Ministry of Energy called the consequences of limiting prices for Russian oil
Saudi Arabia has lowered its October Official Selling Price (OSP) for its flagship Arab Light oil it sells to Asia to plus $5.85 a barrel compared to the price of a basket of Oman/Dubai varieties.
According to the agency, the company has set prices for Arab Light crude for northwest Europe at $2.7 per barrel against ICE Brent for October and for the US at $6.15.
Saudi Aramco is the national oil and gas company of Saudi Arabia, founded in 1933. The company is represented in the three main global energy markets of Asia, Europe and North America. The staff exceeds 70 thousand people.
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