Photographer: Hassan Ammar/AFP via Getty Images

Saudi Aramco Cuts All August Oil Prices for U.S., Asian Clients

  • Arab Light crude premium to Asia declines by 40 cents a barrel
  • Prices in Mediterranean mostly cut, NW Europe mostly increased

Saudi Arabia, the world’s largest crude exporter, cut all official selling prices for its crude sales to Asian and U.S. clients in August.

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