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Saudi Arabia lowers oil prices
14.07.2026 - 17:52 747 viewed
Saudi Arabia Slashes Oil Prices for Asia by $11 a Barrel

Arab Light Crude Sees Major Price Drop Saudi Arabia has cut the price of its Arab Light crude for Asian buyers by $11 per barrel. This marks the steepest monthly reduction in official selling prices since at least the year 2000. The new pricing places Arab Light $1.50 below the regional benchmark. T...

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