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Saudi Arabia Cuts Oil Prices for Asia
Saudi Arabia Cuts Oil Prices After OPEC+ Delays Reviving Output
Saudi Arabia is cutting oil prices for buyers in Asia by more than expected after OPEC+ further delayed an output revival, underscoring how the outlook for the market remains weak.
Saudi Oil-Price Cut Indicates Demand Softness in Asia
Saudi Arabia’s decision to cut official oil selling prices for Asia underscores weaker demand in the continent, according to DNB Markets.
Saudi Arabia cuts crude oil prices for Asia amid nascent demand recovery: Russell
It's always tempting to try and over-analyse changes in the crude oil market and Saudi Arabia's decision to cut its official prices for Asian customers to the lowest level in four years is one such example.
Saudi Arabia Cuts Oil Prices for Asia as Demand Concerns Persist
Saudi Arabia cuts oil prices for Asian deliveries in January due to weaker-than-expected demand, despite some signs of a recent uptick.
Saudi Arabia cuts oil prices amid nascent demand recovery
Saudi Aramco said it is lowering the official selling prices for refiners in Asia, which buy about 70 per cent of the kingdom’s crude
Saudi Arabia boosts crude oil share in Asia at Russia's expense
Saudi Arabia clawed back market share of Asia's crude oil imports in November, while Russia surrendered some of its barrels in what may be an early sign of a shift in market dynamics.
Saudi Arabia Cuts Oil Prices for Asia After OPEC+ Delays Output Hike
State-owned oil giant Saudi Arabian Oil Co., known as Aramco, on Sunday set its official selling price for January loadings of its flagship Arab Light crude to Asia--its main market--at $0.90 a barrel over the Oman/Dubai average, from $1.70 a barrel in December. Prices for other lighter and heavier crude grades were lowered as well.
Saudi Arabia Will Eventually Have Increase Oil Production
OPEC+ decided on December 5 to kick the can down the road yet again, postponing the timeframe for putting additional barrels back into the market until April 2025 and slowing the pace of the notional tapering so that the cuts will not unwind until the end of 2026.
Saudi oil price cut for Asia buyers underscores weakening market outlook
Crude oil futures finished higher Monday after China eased its overall monetary policy stance for the first time in 14 years, and as the ouster of Syrian President Bashar al-Assad raises the political risk premium in the Middle East.
Saudi Arabia’s Price Cuts Send Shockwaves Through Oil Markets—Here’s Why
Saudi Arabia cuts oil prices more than expected for Asian buyers, highlighting continued market weakness amid OPEC+ production delays.
Saudi Arabia cuts oil prices for Asia amid weak demand: Report
Saudi Arabia is cutting oil prices for Asian buyers by a margin more than expected due to a weak market outlook and also after OPEC delayed an output revival
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Saudi Arabia to be named as 2034 World Cup hosts - but questions still hang over 'bidding' process
FIFA has delivered the sporting prize Saudi Arabia's crown prince craved in the easiest of football matches to win - one ...
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Saudi Arabia World Cup 2034 explained: Why the FIFA vote is already a done deal
The controversial selection process has drawn criticism. A bidding window truncated by FIFA, world football’s governing body, ...
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Saudi PIF names Berrettini as tennis ambassador
Saudi Arabia's Public Investment Fund (PIF) has named Matteo Berrettini as its tennis ambassador, a role in which the Italian ...
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Key questions behind Fifa's Saudi World Cup decision
Fifa's confirmation of Saudi Arabia's hosting of the men's 2034 World Cup will be one of the most controversial steps that ...
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Inside Saudi Arabia’s plan to tame the desert and turn its capital into a cool green oasis
Riyadh aims to reduce the overall average temperature by two degrees celsius with four environmental ‘megaprojects’ ...
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FIFA to confirm World Cup hosts, Saudi set to stage 2034 tournament
FIFA is set to confirm the hosts of the 2030 and 2034 men's World Cups on Wednesday, with a three-continent, six-nation bid ...
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