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Saudi Arabia Expected To Raise March Oil Prices On Robust Demand
Saudi Arabia, the world’s largest oil exporter, is expected to lift the official selling prices of all its crude grades sold in Asia next month on the back of solid demand and refining margins, refining sources told a Reuters survey this week. Saudi Arabia usually sets the official selling prices (OSPs) of its crude for the following month around the fifth of each month, typically after the monthly OPEC+ meeting, which is scheduled for February 2. The Kingdom is expected to increase all its prices for Asia for March, seven refining sources…
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