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Saudi Arabia raises crude prices to Asia and Europe

by ChemOrbis Editorial Team -
  • 03/03/2016 (11:45)
According to media reports, Saudi Arabia raised its April oil prices to Asia and Europe, even as the country cut its prices for shipments to the United States. Oil prices for shipments to Asia increased by $0.25/barrel while prices for light crude shipments to Europe also were also increased by $0.35/barrel, from March. Prices for all other grades were raised by $0.20 a barrel to Europe.

However, Saudi Arabia decreased prices by $0.20 to $0.30/barrel for shipment to the US.
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