Photographer: Marwan Naamani/AFP via Getty Images

Saudis Raise Oil Pricing for Asia by Most Since April Last Year

  • Arab Light crude set at 25-cent premium to Oman and Dubai
  • That's the strongest differential for grade since September

Saudi Arabia raised its pricing for June oil sales to Asia by the most since April 2015, a sign that the world’s biggest crude exporter expects demand to recover as the global market rebalances.

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