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Top News In Asian Cargoes Today - Breaking & Trending Today

Red Sea Disruptions Force Saudi Aramco to Slash Prices

Asian refiners expected hefty cuts in Saudi Aramco’s formula prices, however the ultimate price-slashing done by the Saudi national oil company might have surprised even the most ambitious among all buyers ....

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Houthi Attacks Fail to Stop Middle East's Pricing Problem

The Dubai futures contract moved into contango this month, for the first time in three years, with spot-traded medium sour grades across the Middle East continuing their decline amidst increasing availability and slackening demand. ....

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The Middle East Enjoys Last Month Of High Prices Before Cuts Kick In

Over the past month, oil prices have shed some $10 per barrel and WTI even started to see contango as market sentiment soured, developments that will inevitably lead to lower Middle East OSPs in December ....

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Middle East Producers Cautious To Hike Prices In Tight Market

Crude prices have continued to see support from ongoing tensions in the Middle East, and despite a reversal in crude prices, the overall supply picture remains tight ....

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Wary Of Weakening Demand, Saudi Arabia Changes Pricing Strategy

Surprisingly, the anticipated OSP increase for Saudi crude to Asia didn’t materialize, with Saudi Arabia becoming more cautious not to destroy demand in its key market ....

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