Bloomberg reported a decrease in Saudi Arabia's oil prices for Asia in June
Saudi Aramco, the state-owned oil producer in Saudi Arabia, lowered the price of its oil for Asia for June after a record increase in May. This was reported by Bloomberg on May 5.
"Saudi Aramco has lowered the price of its flagship Arab Light oil grade by $4 per barrel," the article says.
It is noted that experts expected a decrease in price to $ 8 per barrel.
On May 2, the Japanese company Taiyo Oil purchased a shipment of Sakhalin Blend grade Russian crude from Sakhalin as part of efforts to diversify its supply sources outside the Middle East. At the same time, the company stressed that Sakhalin Blend oil is not subject to sanctions, but a final decision on subsequent purchases of Russian oil has not yet been made.
From the trading data of the ICE exchange on April 30, it became known that the price of Brent crude oil exceeded the level of $126 per barrel for the first time since March 2022. As of 09:30 Moscow time on the same day, the peak price of June oil futures rose by 7.1% relative to the previous close, to $126.41.
On April 23, US President Donald Trump announced that until an agreement with Iran is concluded, no ship in the Strait of Hormuz will enter or leave without the approval of the US Navy.
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