Tuesday 5 November 2024
 
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Saudi Arabia to raise October crude prices to Asia

Top oil exporter Saudi Arabia is expected to raise prices for crude it sells to Asia in October, tracking the strength in the Middle East price benchmark Dubai and a recovery in Asia's refining margins.   The

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Saudi Aramco cuts crude prices to Asia

Saudi Arabia has slashed the September price for its Arab Light crude oil for Asian customers by $1.30 a barrel, the largest cut for the flagship grade in nearly a year, helping to shore up sales ahead of fall in demand in October.

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Saudi Arabia caps July crude price hikes to Asia in market share fight

Top oil exporter Saudi Arabia raised prices for most crude grades it sells to Asia, but kept them at the lower end of expectations to stay competitive in a battle for market share.   The moderated price increases

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Saudi Arabia lowers May Arab Light crude OSP to Asia

Saudi Aramco has cut its May price for its Arab Light grade for Asian customers by $0.10 a barrel versus April to a discount of $0.85 a barrel to the Oman/Dubai average, it said.   The company has kept its Arab L

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Qatar cuts January crude OSP to lowest in at least 12 years

Qatar has cut its January retroactive official selling price (OSP) for crude sales to Asia to the lowest in at least twelve years, in line with a fall in global prices.   The producer set the January OSP for Mari

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Saudi Arabia likely to raise February crude prices to Asia

Top oil exporter Saudi Arabia is expected to raise prices for most crude grades it sells to Asia in February on a stronger Dubai benchmark and robust naphtha margins, trade sources said.   The official selling pr

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Iran drops crude price to 3-yr low in fight for Asia market share

Iran has reduced the quarterly price for its flagship crude to the lowest in three years in a bid to lure Asian buyers to lock in more term supplies next year.   The price reduction is just one of the steps taken

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Kuwait raises September crude price

Kuwait has set the official selling price (OSP) for crude oil sales to Asian buyers for September at $1.35 a barrel below the average Oman/Dubai quotes, up $0.45 from the previous month, a source familiar with the matter said. &nb

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Saudi September OSP for Asia 'generous'

Saudi Arabia has increased the price of crude it sells to Asia in September by less than forecast, traders said on Thursday, as the world's biggest oil exporter defends its market share amid slowing demand. Refining profits ha

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Saudis to raise September oil price, but wary of losing market share

Saudi Arabia is expected to raise prices for crude it sells to Asia in September due to a stronger Dubai benchmark, traders and analysts said, adding that the top oil exporter will be wary of a hike so big it would threaten its market share.

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