17:31 - 10.03.2025

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March 10, Fineko/abc.az. In April, Saudi Arabia plans to reduce the cost of oil intended for supply to Asian and European countries, ABC.AZ informs, referring to state-owned company Saudi Aramco.

In particular, the price of Arab Light for the Asian region will decrease by $0.4 per barrel.

Thus, its value will exceed the price of the Oman/Dubai oil basket by $3.5.

For countries located in Northwestern Europe, the price of Saudi oil will decrease by $0.2 per barrel next month, and for Mediterranean countries – by $0.3 per barrel.

At that, the pricing policy for American consumers will remain unchanged.