Competition between Russia and Saudi Arabia over the Asian oil market

IranGate
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Competition between Russia and Saudi Arabia over the Asian oil market

Russia and Saudi Arabia’s Competition Over the Asian Oil Market

Reuters: Saudi Arabia may reduce the price of Arab Light crude oil for Asian customers

In a survey conducted by Reuters, it was predicted that Saudi Aramco might further reduce the price of the Arab Light oil grade for sale to Asia in February, due to ongoing concerns about oversupply and after setting the official selling price for January at the lowest level in 10 months.

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