Tighter Crude Market Lets Aramco Hike Prices

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
Sipa USA

Saudi Aramco has announced a significant increase in its official selling prices for crude oil exports to Asia. The increase is likely driven in part by a stronger underlying price structure and expectations of tighter supply-demand balances.

Oil Prices, Oil Term Contracts, Oil Demand, Oil Supply
Wanda Ad #2 (article footer)
Bilateral discussions over production policy are heating up before Sunday's official Opec-plus ministerial meeting.
Sat, Jun 3, 2023
With the US debt ceiling talks out of the way and crisis averted, oil markets can now return the focus to supply and demand fundamentals.
Fri, Jun 2, 2023
Russian crude oil exports hit their highest level in almost a year in May, while the price discount for its Urals grade has continued to narrow.
Fri, Jun 2, 2023