Saudi Arabia may cut most August crude OSP differentials for Asia

Saudi Arabia may cut most August crude OSP differentials for Asia

July 3, 2015
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By hellenicshippingnews Saudi Arabia is expected to cut its official selling price differentials for most of its crude grades loading in August for Asian buyers, reflecting a weaker Dubai market structure, lower spot differentials and a decline in refinery margins, traders said this week. A majority of traders surveyed by Platts expects state-owned Saudi Aramco to cut … Read full story ›

Source:: Hellenic shipping news Oil