The report says that the official selling price of Arab Light oil for Asia for April rose to $2.5 above the Oman-Dubai benchmark, which is 50 cents higher than March prices.
According to the agency, Saudi Aramco, an Arabian state-owned company, has increased the price of April deliveries of its oil to northwestern Europe by $1 per barrel. Prices set against ICE Brent for buyers in the Mediterranean increased by $0.3.
The article points out that price adjustments occurred as a result of the conflict in Ukraine, which had a significant impact on the global oil market.
Earlier it was reported that Saudi Arabia raised the price of March oil supplies for consumers from Asia, Europe and the United States.
Recall that Russia’s budget revenues from oil and gas in February 2023 fell by almost half.
In addition, the average price of oil of the main Russian brand Urals in February 2023 fell to $49.56 per barrel. This is 1.86 times lower than in February 2022.
Read urgent and important messages about Russia’s war against Ukraine on the channel RBC-Ukraine on Telegram.
