Saudi Aramco will lower Arab Light oil for next month by $11 a barrel to a $1.50 discount over the regional benchmark. The last two times it sold the grade at a discount were during price wars in 2020 and 2015...

Aramco cuts Arab Light crude price by $6 for July 2026, the largest since 2000. New all-time high for crude by September 30 at 2.5% YES.

Saudi Arabia cuts Arab Light oil price for Asia by $11 per barrel for August. New all-time high for crude oil by September 30 at 2.5% YES.

Saudi Arabia has significantly slashed its August Arab Light crude oil price for Asia, setting it at $1.50 a barrel below the Oman/Dubai average, the lowest since June 2020. This…

In a sign of intense competition among oil producers, Saudi Arabia on Monday slashed crude prices by $11 a barrel for Aug, the sharpest fall in 26 years.