By Muyu Xu SINGAPORE, June 5 (Reuters) - Saudi Arabia, the world's top oil exporter, raised the
prices of its flagship crude Arab Light to Asian buyers in July to a six-month high, following
its pledge on Sunday to make a deep cut . | 11:39am
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Top oil exporter Saudi Arabia may further slash the official selling prices (OSPs) for all crude grades to Asia in July, a Reuters poll showed, despite the looming OPEC+ meeting that could leave the door open to further output reduction.
The rising US unemployment on the one hand and low borrowing and flattish inflation in China once again questioned the demand growth expected during the rest of the year