Saudi Arabia Cuts Flagship Oil Price to Lowest in Five Years
Saudi Arabia cut the price of its main crude grade to Asia to the lowest level in five years, amid persistent signs of a surplus in global oil markets.
By Anthony Di Paola, Alex Longley, Yongchang Chin ยท Bloomberg Markets
Saudi Arabia cut the price of its main crude grade to Asia to the lowest level in five years, amid persistent signs of a surplus in global oil markets.