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Saudi Arabia cut the September official selling price of Arab Light for Asia to a $2-a-barrel discount, a level seen only twice in 25 years. The rare move point
BWB News TV β’ 2026-08-06 07:56 UTC β’ By Billy Odell Tucker-Robinson
Saudi Arabia cut the September official selling price of Arab Light for Asia to a $2-a-barrel discount, a level seen only twice in 25 years. The rare move points to softer regional demand and intensifying competition in the crude market. π
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