January 10, 2024Business Desk

Refiners eye additional Saudi oil amid price cuts

State refiners are poised to ramp up imports of Saudi crude oil following a reduction in the official selling price of its primary export grade, marking its lowest level in 27 months.

Source: Pexels

While Saudi Aramco typically notifies its Asian buyers about monthly crude allocations by the 10th of each month, both Indian oil companies and Saudi Aramco remained tight-lipped.

Source: Pexels

Uncertainties surrounding the treatment of foreign and local parties in business disputes remain a focal point for investors seeking clarity and assurance in the evolving legal landscape of Saudi Arab

Source: Pexels