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Economy Country 2025-11-06T07:07:41+00:00

Saudi Arabia Sets Oil Price for Asia

Saudi Aramco announced a price increase for its main crude oil grade for Asian buyers in December. This decision follows a similar move by ADNOC.

Saudi Arabia Sets Oil Price for Asia

The Saudi giant Aramco announced in a statement on Thursday that Saudi Arabia has set the official selling price for its main light Arab crude oil sold to Asia for December at a premium of one dollar per barrel above the Oman/Dubai average. This comes a day after ADNOC announced the official selling price for its benchmark Murban crude for December at $65.79 per barrel.

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