Saudi Arabia may cut February heavy crude prices to Asia

Saudi Arabia may cut February heavy crude prices to Asia
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11.01.2019

MOSCOW (MRC) - Top oil exporter Saudi Arabia is expected to cut February prices for heavier crude grades sold to Asia due to weaker fuel oil margins, respondents to a Reuters survey said. Weak refining margins and an expected drop in Asia's crude demand during second-quarter refinery maintenance were also factors that may prompt Saudi Arabia to cut prices in February, the respondents said

Full article at mrcplast.com

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