Saudi Aramco Sets Post-Russia Ban Crude Prices

Copyright © 2023 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
The Saudi Aramco Puzzle

Saudi Aramco has published official selling prices for its first crude exports to hit the water after the EU's ban on Russian crude imports and the G7 price cap kick in.

Oil Prices, Crude Oil, Oil Term Contracts, Sanctions
Wanda Ad #2 (article footer)
Russia ran up a budget deficit of almost $42 billion in January-May as the government's oil and gas revenues fell by 50% year on year.
Wed, Jun 7, 2023
Market sources said a 45¢/bbl increase in Saudi crude prices for Asian customers will further dampen buying interest in the region.
Tue, Jun 6, 2023