THE LEVANT NEWS Your Middle East Journal
Saudi Aramco plans to change the formula used to price its long-term crude oil sales to Asia starting from October, marking the first change in benchmarks for its official selling prices (OSP) since the mid-1980s, multiple trade sources said on Wednesday. The new formula will be based on the average …
Read More »Saudi Arabia plans first change in Asia crude oil price formula in decades, to use DME Oman — sources
