Saudi Arabia cut the price of crude oil for October delivery to its customers in Asia by more than the market expected, a sign that demand in the world’s top-importing region remains tepid. Saudi Aramco, the state-controlled oil giant, said in a statement on Sept. 5 that the official selling price (OSP) for its benchmark …
The post Saudi Arabia crude oil price cut for Asia shows demand concerns first appeared on Hellenic Shipping News Worldwide. Source