Monday, December 6, 2021

Saudi Arabia has raised prices for January oil supplies to Asia and the United States


 Saudi Arabia's national oil company Saudi Aramco has raised delivery prices for all types of crude oil to customers in Asian and American markets in January, Bloomberg reported.
  According to the agency, Saudi Aramco has raised the price of Arab Light for Asian countries by 60 cents. Thus, the premium to this class will be $ 3.3 per barrel, which is the highest figure since February 2020. At the same time, the price of Arab Light for the United States in January will increase by 40-60 cents.
  The National Oil Company of Saudi Arabia also raised the prices of its other oils for Asia by 0.3-0.8 dollars per barrel.

The Saudi company cut prices for January oil supplies to northwestern Europe by $ 0.2-1.5 a barrel. For buyers in the Mediterranean, prices set against ICE Brent fell by 0.3-1.4 dollars, the agency said.

The United Kingdom generates a delivery schedule based on consumer requests at the beginning of each month, the media recalls.

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