Saudi Aramco has raised prices for all crude grades it sells to Asia in March from February, in line with market expectations.
The world's top oil exporter increased its March price for its Arab Light crude grade for Asian customers by 60 cents a barrel versus February to a premium of $2.80 a barrel to the Oman/Dubai average, Aramco said on Saturday.
March Arab Light crude to the United States was raised by 30 cents a barrel versus February to a premium of $2.45 a barrel versus ASCI .Prices to Northwestern Europe for the same grade were set at a discount of 10 cents a barrel versus ICE Brent, an increase of $1.70 a barrel compared to February. The producer had been expected to raise the March price for the flagship grade to Asia by 60 cents a barrel, according to a Reuters survey of seven refining sources in late January.Saudi term crude supplies to Asia are priced as a differential to the Oman/Dubai average:
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
ECB sources: Policymakers see change at March meeting if inflation doesn't ease - ReutersEuropean Central Bank policymakers see a policy change at the March meeting if inflation does ease, said sources speaking to Reuters. The sources said
Les mer »
Prepare yourself, Amazon Prime will cost more after March 25According to the company, the increase is due to three factors
Les mer »
Repsol says it will finish cleaning up Peru oil spill in late MarchSpanish energy firm Repsol SA said on Thursday it will only finish cleaning up a large oil spill off the coast of Peru in late March, pushing back an earlier timeline it had set of late February.
Les mer »
EUR/USD to consolidate within 1.13-1.15 into the March ECB meeting – INGEconomists at ING think that the post-FOMC 1.11-1.13 range in EUR/USD has now given way to a 1.13-1.15 range, which may hold into the March ECB meetin
Les mer »
Apple reportedly plans to reveal the first iPhone SE with 5G in March5G is coming to Apple’s cheapest iPhone and the iPad Air.
Les mer »