Saudi Arabia’s latest oil pricing for Asian customers points to an uneven recovery
for Asian customers is pointing to an uneven recovery, with higher-density crudes outperforming lighter grades.
its official prices for Arab Medium and Arab Heavy grades to Asian customers for September sales by 60 cents to 70 cents a barrel, about double the 30 cent increase for flagship Arab Light crude. The move partly reflects lower global supplies of heavier grades following voluntary Saudi cuts and reduced Russian exports, traders said.
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