Saudi Arabia lowered oil prices for Asian customers

reports Mehr News Agency Style = “Text-Align: Justify”> Aramco Today (Sunday, April 6), a formal price for its crude oil sales to supply to Asian customers in May, following the recent decision of eight countries’ coalitions of the Oil Exporting Countries (OPEC and its allies) to decrease in the lower four-month supply.

Saudi company Aramco The official price of “Arabic-style” crude oil for delivery in May by $ 2 and 2 cents, one dollar and 2 cents more than the average crude oil price of Oman.
The company also reduced the prices of May for other types of crude oil delivered to Asian customers $ 2 and 2 cents per barrel.

It is said to be the second consecutive month that Aramco reduces its prices. Eight OPEC members on Thursday (April 5), while implementing a gradual and flexible supply adjustment program, decided to adjust their supply reduction in May in May in May of 6,000 barrels, equivalent to a three -month reduction.
Prior to the news, Reuters was predicted in a Reuters poll that Arabic oil prices to deliver to Asian customers in May with $ 1 and $ 2 to $ 5 more than the average crude oil price of Oman – Dubai.

Aramco determines its crude oil prices based on customer recommendations and after calculating its oil value change in the past month based