(Natural News) The Kingdom of Saudi Arabia (KSA) has raised oil prices more than expected for its largest market in Asia as the region eases out of Wuhan coronavirus (COVID-19) restrictions. Bloomberg reported that the increase for July shipments resumes a series of hikes that started in February. Aramco increased its key Arab Light crude grade for […]

(Natural News) Saudi Arabia may increase the price of its crude oil as the repercussions of the Russia-Ukraine war are felt throughout global markets. An assessment by Bloomberg found that state-owned petroleum company Saudi Aramco may raise the selling price of its flagship Arab Light crude to $5 a barrel in Asia. The news outlet added that the […]