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Oil Updates — crude down as global economic backdrop outweighs Saudi output cut

RIYADH: Oil prices edged lower early on Tuesday, coming off gains made the previous day as concerns about the global economic backdrop outweighed the supply worries raised when Saudi Arabia announced its biggest output cut in years. Brent crude futures slipped 70 cents, or 0.91 percent, to $76.01 a barrel by 10:00 a.m. Saudi time, while US West Texas Intermediate crude fell 74

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Saudi Arabia raises July crude price for Asia to 6-month high | Hellenic Shipping News Worldwide

Saudi Arabia raises July crude price for Asia to 6-month high | Hellenic Shipping News Worldwide
hellenicshippingnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hellenicshippingnews.com Daily Mail and Mail on Sunday newspapers.

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Saudi Arabia raises July crude price for Asia to 6-month high - Markets

SINGAPORE: Saudi Arabia, the world’s top oil exporter, raised the prices of its flagship crude Arab Light to Asian.

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Saudi Arabia raises July crude price for Asia to 6-month high

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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Saudi cuts crude supply to some Chinese refiners in July, sources say | Hellenic Shipping News Worldwide

Saudi Aramco 2222.SE has notified at least five North Asian refiners, mostly Chinese, that it will be supplying less than contracted volumes of crude oil in July, several sources with knowledge of the matter said on Thursday. The cuts to Chinese refiners come as more cheap Russian oil heads to the world’s top oil importer, .

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