Saudi Arabia may set Light crude price at discount for first time since 2020
Reuters·2026-01-29 03:58
Group 1 - Saudi Arabia, the world's largest oil exporter, is expected to set the March price for its flagship Arab Light crude for Asian buyers at a discount for the first time since December 2020 [1] - The decision comes amid ample supply in the market, indicating a shift in pricing strategy [1]