Saudi Cuts Oil Prices To Asia, U.s.

Saudi Aramco reduced the price of its light-crude deliveries to Asia by $1.70/bbl. As a result, Marketwatch switched to a discount of $1.60/bbl against the rival Dubai benchmark from the previous premium of $0.10/bbl. Aramco also reduced its prices for heavy oil by $2/bbl to the Far East and by $0.30/bbl to the U.S.

Topics:  saudi aramco   marketwatch   dubai   far east   u.s aramco   november   october   aramco   as   asia   oil   prices   discount   reduced   benchmark   grade   medium   
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