A couple of days ago, Saudi Arabia shocked oil punters after it hiked oil prices for its biggest market, Asia, in the middle of one of the biggest oil crashes this year. State producer Saudi Aramco hiked its key Arab Light crude grade for Asian customers by $2.80 a barrel from July's level to a premium of $9.30 a barrel over the regional Oman/Dubai quotes, bringing it just shy of the record $9.35 a barrel premium seen in May. Aramco claimed that it has continued to see robust demand for crude from customers in Asia--the country's biggest market--as…
Hence then, the article about explaining the disconnect between physical and paper oil markets was published today ( ) and is available onOILPRICE ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Explaining The Disconnect Between Physical And Paper Oil Markets )