06.02.2015 - Saudis Increase Oil Price in U.S., Cut It for Asia
Saudi Arabia on Thursday increased the oil prices it charges U.S. buyers, reversing months of cuts. But the world’s largest oil exporter has reduced its prices in Asia as it shifts a battle over market share from America to the Far East. In an email to clients, Saudi Aramco said it was increasing its U.S. prices for light oil delivery in March by 15 cents a barrel, reversing at least three months of price cuts in the American market. But the state oil company reduced its prices for Asia by 90 cents a barrel...............................................Full Article: Source
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