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    Home»Ministers»Saudi Aramco cuts prices for November oil deliveries to Europe
    Saudi Aramco cuts prices for November oil deliveries to Europe
    Ministers

    Saudi Aramco cuts prices for November oil deliveries to Europe

    Michael WilsonBy Michael WilsonOctober 10, 2022No Comments1 Min Read
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    Photo: Ahmed Jadallah / Reuters / RBC

    The large and well-known oil company Saudi Aramco has raised prices for deliveries in November to the US market.

    And in doing so, it lowered for the European market. And for buyers in the Asian market, it left the same “indicator”, the correspondent reports. DOPs with reference to RIA News”.

    According to media reports, prices for all varieties for the northwestern part of Europe and the Mediterranean region were reduced, and prices for all varieties for the United States were increased by 20 cents.

    It is specified that Saudi Aramco is the national oil and gas company of Saudi Arabia, it was founded in the last century.

    Recall: earlier, following the results of the ministerial meeting of OPEC and non-OPEC countries became knownthat the countries of the agreement decided to extend the agreement until December 31, 2023.

    And it was also decided to reduce oil production by 2 million barrels per day compared to the required levels of August this year. It was clarified that the quota “will begin to operate” from November.

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