Saudi Arabia raised oil prices after a meeting of OPEC+ ministers.
According to the Saudi Aramco export price list in July, the increase for Asian markets averaged $5.60 - $7.30\b.
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- This means that in negotiating an extension of the reduction in the framework of the OPEC+ deal, the Saudis continued furious dumping in the Asian market, moderately in the European market, and keeping adequate prices in the US market to not be subject to duties.
— This means that the oil kingdom has led and currently leads a double game. Therefore, Riyadh delayed the announcement of its prices each time before the meeting of the OPEC+ committee.
—- This means that Asia is the main battleground for markets.
—— And in the end, an increase in export prices indicates at least two more months of the upward trend of black gold.
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#fibogroup #forex #forexnews #economy #finance #trader #SA #SaudiArabia #Aramco #oil #price #war #energy
According to the Saudi Aramco export price list in July, the increase for Asian markets averaged $5.60 - $7.30\b.
=======
- This means that in negotiating an extension of the reduction in the framework of the OPEC+ deal, the Saudis continued furious dumping in the Asian market, moderately in the European market, and keeping adequate prices in the US market to not be subject to duties.
— This means that the oil kingdom has led and currently leads a double game. Therefore, Riyadh delayed the announcement of its prices each time before the meeting of the OPEC+ committee.
—- This means that Asia is the main battleground for markets.
—— And in the end, an increase in export prices indicates at least two more months of the upward trend of black gold.
=========
Trade with the Fibo Group!
#fibogroup #forex #forexnews #economy #finance #trader #SA #SaudiArabia #Aramco #oil #price #war #energy
