Saudi Arabia, the world's largest oil exporter, has reduced the price of its main crude for June for Asian buyers for the first time in four months following a decline in refining margins. Sources indicate that the official selling price of its Arabian Light crude for Asia in June has decreased by 25 cents per barrel compared to May, with a premium of $2.55 per barrel above the average prices of Oman/Dubai.
Title: Saudi Arabia Lowers Crude Oil Price for Asian Buyers
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