Archive

Article length: 115 words

Saudi Arabia: Aramco keeps buyers guessing, brushes off Covid-19

Saudi Arabian Oil Company (Aramco) had still to announce its much-anticipated official selling prices (OSP) for June as GSN went to press. Bloomberg said traders it surveyed expected Aramco to cut flagship Arab Light crude prices, but estimates of the likely discount – a major weapon in Aramco’s war to secure market share – differed sharply.

Go to full article

Credit value: 1

African Energy Gulf States Newsletter