Saudi Arabia will lower oil prices for Europe

Саудовская Аравия снизит цены на нефть для стран Европы

Next month, Saudi oil prices for European customers will drop by us $1.6-3.5 per barrel.

Saudi Arabia in February will significantly reduce prices for all oil grades exported to Europe. About it reports Interfax-Ukraine with reference to data of the state company Saudi Aramco on Thursday, January 9th.

“For buyers from the countries of North-Western Europe Saudi oil will drop next month on the $1.6-2.5 per barrel, from the Mediterranean – $2.5-3.5 per barrel”, – stated in the message.

However, for American customers the cost of virtually all varieties increased by $0.2 per barrel. The exception is grade Arab Extra Light price which will not change.