07 Sep 2026

11:38

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Home Blog Robust Asian Demand Drives Saudi Oil Price Hikes

Robust Asian Demand Drives Saudi Oil Price Hikes

codarx

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Update date: 2025/08/07

The world’s top crude oil exporter, Saudi Arabia, bets on robust demand in Asia as it raised the prices of its oil loading in September for a second month in a row.   The flagship Saudi grade Arab Light will sell in Asia in September at a premium of $3.20 per barrel above the Oman/Dubai average, the Middle East benchmark, off which shipments to Asia are priced.  The hike is $1.00 a barrel above the August price, as well as the second consecutive rise in the price of Arab Light loading for Asia.  Last month, Saudi oil giant…

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