ICYMI: Saudi Arabia lowered some July price of crude for Asia, raised for Northwest Europe ...Middle East

Aramco’s latest pricing moves suggest a softer demand outlook in Asia, with cuts across its light and medium crude grades, while the price for Arab Heavy remained unchanged.

-

The decision came just as OPEC+ members agreed on Saturday to step up production for a third straight month in July, adding to concerns of a supply glut amid an uncertain demand environment.

This article was written by Eamonn Sheridan at www.forexlive.com.

Read More Details
Finally We wish PressBee provided you with enough information of ( ICYMI: Saudi Arabia lowered some July price of crude for Asia, raised for Northwest Europe )

Also on site :

• EU to present legal report on Israel to foreign ministers’ council
• Chicago Forecast: Pleasant temperatures, mostly cloudy skies ahead of possible evening rain
• A ‘detox’ after Covid vaccination? Experts say it’s nonsense