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Showing 1 - 2 of 2 results for "Arab Light"

Chief economist update: The second oil price discounting wave

BENJAMIN ONG  |  WEDNESDAY, 9 SEP 2020
... on oil price discounting. Bloomberg reports that, Saudi Arabia's state producer, Saudi Aramco, has cut its key Arab Light grade of crude pricing by a "larger-than-expected amount for shipments to Asia, its main market. It also lowered pricing for ...

Why the eurozone cannot afford cheap oil

BENJAMIN ONG  |  WEDNESDAY, 5 NOV 2014
... discounting. As per Bloomberg, "State-owned producer Saudi Arabian Oil Co., or Saudi Aramco, yesterday lowered the premium for Arab Light relative to U.S. Gulf Coast by 45 cents a barrel to the least since December". Which OPEC country would cry, "me ...
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