Saudis Slash Main Oil Price to Rare Discount

Ellen Wald, president of Transversal Consulting and Author of ‘Saudi, Inc.,’ said that Saudi state oil producer Saudi Aramco is lowering the price of oil to make it worthwhile for Asian buyers to charter a tanker to go into the Strait of Hormuz and to buy up stores of oil that have laid stagnant during [...] The post Saudis Slash Main Oil Price to Rare Discount appeared first on Whatfinger Business & Money .