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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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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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Saudi Arabia Reaps The Benefits Of Steepening Backwardation

Saudi Arabia’s production cuts are gradually moving into their third month of existence, creating a level of backwardation that the oil markets hasn t seen in a long time ....

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Middle East Defies Weakening Asian Market To Lift Prices

Middle East Defies Weakening Asian Market To Lift Prices
oilprice.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from oilprice.com Daily Mail and Mail on Sunday newspapers.

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Kuwait Follows Saudis In Slashing Oil Prices For Asia

Kuwait has become the second-largest OPEC member to cut its prices for Asia this month after Saudi Arabia cut its export prices for the first time in four months ....

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