Saudi raises crude oil prices in Asia
Sunbd Desk || Published: 2021-01-09 10:43:15 || Updated: 2021-01-09 10:43:15

Saudi Arabia has raised the official selling price (OSP) of crude oil for Asian countries in February 2021. In addition to Asia, US importers will have to shell out extra money to buy Saudi fuel oil. However, European importers will get a discount. News Reuters and oilprices.com.
Saudi Arabia is currently the world’s top exporter of crude oil. A statement from Saudi Aramco, the country’s state-owned energy company, said that for February 2021, the OSP for Arab light crude for Asian importers, including China, India, Japan and South Korea, had been increased by 70 cents per barrel.
At the same time, Saudi Aramco raised OSP for Arab light crude by 75 cents a barrel for US importers, up 20 cents a barrel from the previous month.
Sunbd/NJ
More News
-
Tk 4347 crore is coming for development of Bangabandhu Industrial City
-
China will consume the economic future of Asia!
-
Cost of Matarbari power project is increasing Tk 12,000 crore
-
Gove’t is very positive about the capital market: Tipu Munshi
-
‘Special fund of Tk 1,000 crore for cinema halls’
-
Indian wheat market is gaining momentum
-
GM to invest C$1 billion in Canada plant
-
Bashundhara Group setting up a petrochemical plant in Chittagong