Saudi Arabia may cut most August crude OSP differentials for Asia

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 […]

Published July 3, 2015

By LizOutLoud

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

      

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