Market Comfortable With Aramco's Asia Crude Prices

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
blue pile barrels oil stack of oil barrels oil refinery
Sakarin Sawasdinaka/Shutterstock

After three months of setting its official formula prices for medium and heavy crude exports to Asia at higher-than-expected levels, Saudi Aramco has delivered formula prices that trading sources are broadly satisfied with.

Topics:
Crude Oil, Oil Term Contracts, Oil Prices, Oil Supply
Wanda Ad #2 (article footer)
#
The ruling reflects the increasingly challenging legal environment for oil and gas companies in Australia.
Thu, Sep 28, 2023
The October schedule is preliminary and could change once Moscow and oil companies reach a compromise at the urging of the country's president.
Wed, Sep 27, 2023
Russia’s surprise ban on motor fuel exports sent Europe’s diesel benchmark futures back above $1,000/ton, before market realities forced a retreat.
Wed, Sep 27, 2023