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2016-05-09 19:15:00

SAUDI PRICES UP

SAUDI PRICES UP

Saudi Arabia, the world's largest crude exporter, has raised June oil prices to Asia by the most in 14 months, in a hopeful sign that demand from the region is on the up.

Saudi Aramco, the state-owned oil company, said in a statement on Thursday that it would raise its official selling price for its benchmark Arab Light crude by $1.10 to its customers in Asia. The region is its largest market, receiving more than half of Saudi crude exports.

The last time there was an increase this big was more than a year ago when Aramco lifted…

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Tags: SAUDI, OIL, PRICES

Chronicle:

SAUDI PRICES UP
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U.S. OIL INVENTORIES DOWN 9.6 MB

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2019, March, 22, 10:15:00

SAUDI'S OIL WILL DOWN

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2019, March, 22, 10:10:00

BRITAIN NEED INVESTMENT $265 BLN

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2019, March, 22, 10:05:00

U.S. FEDERAL FUNDS RATE 2.25-2.5%

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