Saudi Arabia Raises Oil Prices Again ...Middle East

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Saudi Arabia Raises Oil Prices Again
source : OILPRICE ( Middle East ) () 1
Crude oil prices rose at the start of this week after Saudi Arabia said Sunday it would raise its oil prices for most regions, excluding the United States. The increase in prices was the biggest for Asian buyers, with the flagship Arab Light set to sell for $2.10 per barrel more than it did this month, at $6.50 per barrel over the Oman/Dubai benchmarks. Arab Light will be more expensive for the European market as well. Saudi Arabia hiked the price for the grade that is similar to Russia's Urals by $2.20 for European buyers, to $4.30 per barrel…

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