Petr Kratochvil
Prices for the United States will remain steady for the second consecutive month, reports Bloomberg in relation to the Saudi Aramco business.
As a result, the price of the primary grade of Arab Light will decrease by $2.2 per barrel next month. Customers in Northwest Europe and the Mediterranean will also see price reductions from Saudi Aramco on the majority of oil grades.
The move by Aramco comes a day after OPEC+, a group of 23 nations led by Saudi Arabia and Russia, voted to maintain current levels of crude production.
source: bloomberg.com
As a result, the price of the primary grade of Arab Light will decrease by $2.2 per barrel next month. Customers in Northwest Europe and the Mediterranean will also see price reductions from Saudi Aramco on the majority of oil grades.
The move by Aramco comes a day after OPEC+, a group of 23 nations led by Saudi Arabia and Russia, voted to maintain current levels of crude production.
source: bloomberg.com
