Riyadh – Mubasher: Saudi Arabian Oil Co, known internationally as Saudi Aramco, on Monday said that it has reduced its prices for Arab Light grade to Asian clients in December deals by $0.10 per barrel (pb), compared to November.
The prices for December contracts rose by $1.60 premium pb to the Oman/Dubai average, an informed source told Reuters.
By the end of October, the world's largest oil producer set propane selling prices in November deals at $540 pb, compared to $655 in the month before, while it trimmed butane’s selling prices to $525, from $655.
