Saudis raise Asia, US oil prices after shock output cut


SAUDI Arabia raised pricing for oil customers in Asia and the U.S. after its shock move this week to cut output sent crude prices climbing.

A day after its unilateral decision during an OPEC+ meeting to slash oil production, the kingdom opted to increase prices for all grades shipped to the two regions in February.

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Opec + , pricing , output , Saudi Arabia

   

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