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Gulf Oil Producers Relaunch Fight for Market Share in Asia | OilPrice.com
The Kingdom of Saudi Arabia is offering rare discounts to regain market share as Gulf producers compete aggressively following the partial reopening of the Strait of Hormuz.
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economictimes.indiatimes.com
Saudi Arabia makes August crude oil cheaper for Asian buyers
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…
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timesofindia.indiatimes.com
Saudi Arabia slashes August crude prices for Asia by $11 a barrel in biggest cut in over 20 years
Saudi Arabia cut price of its main crude grade effective August for Asian customers amid weakening demand and easing tensions. It's the largest reduction in over two decades.
