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Aramco Likely to Cut September Crude OSP Amid Contango, Market Weakness
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: 2020-08-08 07:03:00

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Verse of the day

The tree is known by his fruit. Matthew, 12. 33

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Is wealth an indication of God’s favor or blessing?