Saudi Arabia Sells Crude to Belarus for First Time

• Thursday, 30th April 2020
• by Editorial Team

Belarus’s state refiner Beleneftkhim has purchased its first batch of crude from the Kingdom of Saudi Arabia, according to Reuters. Belarus, which has long since relied on Russian oil imports, has bought 80,000 tonnes...

Aramco Increases May Light Crude Price

• Monday, 8th April 2019
• by Editorial Team

Saudi Aramco has increased the price for its Arab Light Crude to Northwest Europe in May by $1.10 per barrel, up from a discount of $0.80 in April to ICE Brent, Reuters reported. Aramco has increased the May price for...

Aramco May Cut Asia-Bound Crude Prices

• Wednesday, 31st October 2018
• by Editorial Team

Saudi Aramco could decrease the official selling price (OSP) differentials of crude oil bound for Asia in December, traders told S&P Global. The decrease in Asia’s selling prices is because of Dubai’s weak crude o...

Aramco Increased Oil Prices to Asia

• Sunday, 6th November 2016
• by Egypt Oil & Gas

Saudi Arabia, raised pricing for December sales of all oil grades to Asia in order to take advantage of a brief increase in demand for Middle Eastern crude, reported Bloomberg. While the state-owned, Saudi Aramco, inc...

Saudi Aramco Cuts Light Crude Prices for Asia

• Monday, 8th February 2016
• by Egypt Oil & Gas

Saudi Arabia cut pricing for March sales of its Light crude grades to Asia, according to Energy Voice. A Saudi state-owned oil company Aramco lowered its official selling price for Arab Light crude to Asia to $1 a bar...