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Saudi Arabia Set to Lower Crude Oil Prices for Asia Amid Weakening Demand and Refining Margins

Saudi Arabia Set to Lower Crude Oil Prices for Asia Amid Weakening Demand and Refining Margins
Saudi Arabia Set to Lower Crude Oil Prices for Asia Amid Weakening Demand and Refining Margins

2024-09-04 09:05:10 - From: CHANNEL8


Saudi Arabia is preparing to reduce the official selling prices (OSP) of its crude oils for Asia in October, responding to the declining Dubai benchmark price and weak refining margins in China.