MarketsSaudi Arabia Cuts Oil Prices for Asia as Growth SlowsAramco lowers key Arab Light crude price for Asia in DecemberEconomic concerns are being countered by fears of supply dropFacebookXLinkedInEmailLinkGiftFacebookXLinkedInEmailLinkGiftGift this articleContact us:Provide news feedback or report an errorConfidential tip?Send a tip to our reportersSite feedback:Take our SurveyNew WindowFacebookXLinkedInEmailLinkGiftBy Robert Tuttle and Sharon ChoNovember 3, 2022 at 11:01 PM UTCUpdated on November 4, 2022 at 1:35 PM UTCBookmarkSaveLock This article is for subscribers only.Saudi Arabia lowered most oil prices for Asia, in a sign of the regional market weakening with the global economic slowdown.Rising interest rates and strict virus-related lockdowns in China have hit energy consumption, causing a 20% drop in crude futures since June.