The move comes as the world’s top exporter of crude sees growing demand Saudi Arabia’s energy giant Aramco has announced it will raise its shipping prices for Asia and Europe for April as it sees demand there picking up. Aramco revealed on Sunday that prices for its flagship Arab Light crude will rise up to $2.50 a barrel above the regional benchmark, which is 50 cents more than the level for March. The official selling price for Arab Heavy, a medium sour crude containing more sulphur than Arab Light, will be raised by $2.50 a barrel from March. It’s the second month in a row that the world’s largest oil company h
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