{"id":4093,"date":"2023-08-07T16:34:35","date_gmt":"2023-08-07T14:34:35","guid":{"rendered":"https:\/\/www.dhcab.com\/?p=4093"},"modified":"2023-08-07T16:34:35","modified_gmt":"2023-08-07T14:34:35","slug":"saudi-arabias-oil-to-get-more-expensive","status":"publish","type":"post","link":"https:\/\/www.dhcab.com\/?p=4093","title":{"rendered":"Saudi Arabia\u2019s oil to get more expensive"},"content":{"rendered":"<div class=\"postie-post\">\n<div>\n<div dir=\"auto\">Saudi Arabia raised almost all oil prices for Asia and Europe for September as supply constraints and rising demand tighten the crude market.<\/p>\n<p>State-owned Saudi Aramco raised the price of Arab Light crude for sale to Asia by 30 cents to $3.50 a barrel above the benchmark, it said in a price list.<br \/>Aramco sells about 60% of its crude to Asia, mostly under long-term contracts whose prices are renegotiated every month. The biggest buyers are China, Japan, South Korea and India.<\/p>\n<p>Arab Light crude in the Mediterranean was raised by $1 to $4.50 a barrel more than ICE Brent, and the price for it to Northwest Europe was raised by $2 to a premium of $5.80 to the benchmark.<\/p>\n<p>All prices for the US were left unchanged for September.<\/p><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Saudi Arabia raised almost all oil prices for Asia and Europe for September as supply constraints and rising demand tighten the crude market. State-owned Saudi Aramco raised the price of Arab Light crude for sale to Asia by 30 cents to $3.50 a barrel above the benchmark, it said in a price list.Aramco sells about [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":4094,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-4093","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-global-issues"],"_links":{"self":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4093"}],"version-history":[{"count":0,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/posts\/4093\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=\/wp\/v2\/media\/4094"}],"wp:attachment":[{"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.dhcab.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}