Markets · 1 sources covering this

Saudis Slash Main Oil Price to Rare Discount

Ellen Wald, president of Transversal Consulting and Author of 'Saudi, Inc.,' said that Saudi state oil producer Saudi Aramco is lowering the price of oil to make it worthwhile for Asian buyers to charter a tanker to go into the Strait of Hormuz and to buy up stores of oil that have laid stagnant during the war. Wald said that while Saudi Aramco made money off of the conflict in Iran, they want the keep oil prices stable. (Source: Bloomberg)

Share:X WhatsApp Reddit Facebook LinkedIn Open ↗

Coverage spectrum

1 L · 0 C · 0 R

How 1 sources are covering this

BloombergLean L·1h ago
Saudis Slash Main Oil Price to Rare Discount
Ellen Wald, president of Transversal Consulting and Author of 'Saudi, Inc.,' said that Saudi state oil producer Saudi Aramco is lowering the price of oil to make it worthwhile for Asian buyers to charter a tanker to go into the Strait of Hormuz and to buy up stores of oil that have laid stagnant during the war. Wald said that while Saudi Aramco made money off of the conflict in Iran, they want the keep oil prices stable. (Source: Bloomberg)
Read at Bloomberg →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://statesidedaily.com/embed/cluster/28aaca1ec2ec39f054440523c898d168ce56eab9"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Saudis Slash Main Oil Price to Rare Discount"></iframe>

Saudis Slash Main Oil Price to Rare Discount

How 1 sources are covering this