Saudi Arabia, the world's largest oil exporter, has raised the prices of its Arab Light crude for Asian buyers in August, marking the second increase in several months. Informed sources stated on Thursday that "the official selling price for August shipments to Asia has increased by 20 cents per barrel from July to a premium of $3.20 per barrel over the average Oman/Dubai price."
Saudi Arabia Raises Light Crude Oil Prices for Asia in August
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