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Saudis Reduce Oil Pricing in Sign Demand Recovery Struggling

  • Aramco cuts October crude pricing for all grades to Asia, U.S.
  • Light oil to Asia cut to discount for first time since June
This Is Where Saudi Arabia Gets Its Oil

Photographer: Simon Dawson/Bloomberg

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Saudi Arabia cut pricing for oil sales in October, a sign the world’s biggest exporter sees fuel demand wavering amid more coronavirus flare-ups around the globe.