Saudis Slash Main Oil Price to Rare Discount
Bloomberg Television·2026-07-06 20:07
Ellen, um. You are the voice that we wanted to talk to you. What's your read on this.Is it a surprise. Does it make sense in terms of what we're seeing out of Saudi Arabia and Saudi Aramco. So I think it's interesting, um, mostly because Aramco has traditionally done most of its business, you know, in Asia in long term contracts, and they've got long term contracts for crude with Chinese refineries, Chinese petrochemicals, um, Korean, Japanese.They they've got a lot of their kind of long term contracts. The ...