Saudi Aramco Boosts Oil Prices to Asia

Saudi Aramco Boosts Oil Prices to Asia as Mideast Crude Soars
Saudi Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to surging premiums for Middle Eastern crude and improving refinery margins.
Saudi Aramco boosts prices to Asia as Middle Eastern crude soars
SAUDI Arabia hiked the price of its flagship crude to Asia by the most in more than two years as the kingdom responds to surging premiums for Middle Eastern crude and improving refinery margins. Read more at The Business Times.
Oil Edges Higher After Saudi Arabia Hikes Selling Prices
Oil edged higher after Saudi Arabia lifted prices for March loadings of all crude grades it exports amid surging premiums for Middle Eastern oil.
Saudi Aramco hikes Arab Light prices for Asia’s oil market
Saudi Aramco, the world’s largest oil producer, has significantly increased its official selling price for Arab Light crude oil destined for Asia. This move has sent ripples through the global energy markets,
Oil prices recover slightly after Saudi Arabia raises prices
Oil prices edged up on Thursday after Saudi Arabia raised prices for March. However, the previous day’s decline in benchmark Brent prices was the largest in almost three months, and the increase was insignificant in comparison.
Saudi Aramco hikes Asian crude oil price by $2.40 a barrel
State oil producer Saudi Aramco (TADAWUL:2222) has increased the price of its Arab Light oil to Asia for March by $2.40 a barrel. This adjustment, the largest since August 2022, surpasses the $2 increase that traders and refiners had anticipated,
Rally in Middle East Oil Has Traders Piling In at Record Level
Oil traders hold a record position in a contract that lets them bet on the price difference between Middle Eastern crude and ...
Energy Rises Amid Middle East Tensions; Oil Falls After Supply Data - Energy Roundup
Shares of energy companies ticked up as traders anticipated higher tensions in the Middle East and in trade negotiations. Oil futures fell to their lowest settlement of the year so far, after official ...
Oil tanker attacked last year crosses Red Sea as Houthi ceasefire holds
President Volodymyr Zelenskiy said in an interview broadcast on Tuesday that Ukraine was prepared to proceed along a ...
The Middle East’s new economic order: who wins and who loses?
The Middle East is being reshaped, not by war, but by money and influence. As Iran’s grip weakens, Saudi Arabia, the UAE, and ...
Crude Oil Prices6d
Traders Go All-In on Middle East Oil as Sanctions Reshape Market
Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle ...
UAE leans on trade deals for growth as non-oil trade jumps 15% in 2024
The United Arab Emirates' non-oil trade in goods touched a record 3 trillion dirhams ($817 billion) in 2024, up 14.6% from ...
Middle East becomes fastest-growing renewables market outside China
According to the International Renewable Energy Agency (Irena), the Middle East has less than 1 per cent of the world’s ...
Iran says US sanctions will destabilise oil and energy markets
Mr Paknejad said that Tehran had prepared strategies for any situation regarding US sanctions. Read more at straitstimes.com.
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Saudi Arabia’s non-oil private sector grows at fastest rate in over a decade
Saudi Arabia's General Authority for Statistics said last week that the kingdom's non-oil GDP growth rate was up 4.3% from 2023, while oil activities declined by 4.5%.