Saudi Aramco to raise oil prices in February for Asia first time in 3 months

10:49 - 7.01.2025

January 7, Fineko/abc.az. Saudi Arabia will raise oil prices for Asian supplies for the first time in three months in February. Price for Arab Light brand fuel for Asian buyers will rise by $0.6 per barrel.

ABC.AZ informs that as a result, it will cost $1.5 more than the Oman/Dubai oil basket.

For the countries of Northwestern Europe and the Mediterranean, the cost of Saudi oil will increase by $1.3 per barrel starting from next month.

Prices for US buyers will reduce by $0.3-0.4 per barrel.