


| Aramco Likely to Cut September Crude OSP Amid Contango, Market Weakness |
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Saudi Aramco is likely to cut its September official selling price (OSP) to refiners in Asia, a first since May, as output hikes by the OPEC+ group and fresh outbreaks of demand-sapping coronavirus disease 2019 (COVID-19) weigh on prices, pushing some crude oil markets back into contango.
Posted: 2020-08-07 20:46:00
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