OPEC+ delay prompts Saudi Aramco to slash Asian oil prices

OPEC+ delay prompts Saudi Aramco to slash Asian oil prices

In a strategic move reflecting the complexities of the global oil market, Saudi Arabian Oil Company (Saudi Aramco) has announced a reduction in its official selling prices (OSPs) for crude oil exports to Asia. This decision follows the Organization of the Petroleum Exporting Countries and its allies (OPEC+) postponing a planned increase in oil production, […]