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2016-09-05 18:45:00

SAUDI RAISED PRICES

SAUDI RAISED PRICES

According to BLOOMBERGSaudi Arabia, the world's largest crude exporter, raised pricing for October oil sales to Asia and the U.S. in a sign of strengthening demand.

State-owned Saudi Arabian Oil Co., known as Aramco, increased its official selling price for Arab Light crude to Asia by 90 cents a barrel, to 20 cents below the regional benchmark, it said Sunday in an e-mailed statement. The company had been expected to raise Arab Light prices…

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Tags: SAUDI, OIL, PRICES
Chronicle:
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