Saudi Arabia’s Latest Oil Price Hike Has Sapped Buyer Appetite
- Date: 07-Jul-2023
- Source: Gulf Insider
- Sector:Oil & Gas
- Country:Saudi Arabia
Saudi Arabia’s Latest Oil Price Hike Has Sapped Buyer Appetite
At least four buyers of Saudi crude oil from Asia and Europe have changed their plans for future orders after the kingdom announced its latest price hike, Bloomberg has reported, citing unnamed sources. Earlier this week, Saudi Arabia said it would increase the Dubai/Oman premium of its flagship Arab Light crude to $3.20 a barrel for …
The post Saudi Arabia’s Latest Oil Price Hike Has Sapped Buyer Appetite appeared first on Gulf Insider.
At least four buyers of Saudi crude oil from Asia and Europe have changed their plans for future orders after the kingdom announced its latest price hike, Bloomberg has reported, citing unnamed sources. Earlier this week, Saudi Arabia said it would increase the Dubai/Oman premium of its flagship Arab Light crude to $3.20 a barrel for …
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