• HSBC

Saudi Aramco cuts crude prices for US

  • Saudi Arabia: Tuesday, July 08 - 2008 at 09:28

Saudi Aramco has cut its official selling prices for light crude shipments to the US in August, reported Bloomberg. The world's largest state oil company reduced the price of Extra Light crude by $2.30 to a premium of 10 cents a barrel above the West Texas Intermediate benchmark, compared with $2.40 in July.

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