OPEC+: “There’s going to be some consequences for what they’ve done, with Russia,” Biden said. “I’m not going to get into what I’d consider and what I have in mind. But there will be- there will be consequences.”
Saudi Aramco lowered its key Arab Light grade to Far East customers in November by 40 cents to $1.30 a barrel above the average of Oman and Dubai crudes, the smallest premium since March