Post Tagged with: "Saudi crude"

Source: Reuters

Column: Saudi crude oil price hike throws Asian lifeline to U.S. shale – Russell

Reuters


LAUNCESTON, Australia – Saudi Arabia’s decision to jack up the price of its July exports to Asia may have opened the door for U.S. crude oil producers to boost sales to the region that consumes more oil than anywhere …

Source: Reuters

Saudi crude buyers cancel at least seven supertankers after freight hike: sources

Reuters


LONDON – U.S. buyers of Saudi Arabian crude oil cancelled at least seven April-loading tankers after a jump in freight costs, two industry sources said, likely to result in lower-than-expected shipments from the world’s top exporter.

The move shows …