Aramco Cut Its August Oil Price to Asia by $11 — the Biggest Cut Since 2003
Aramco set its August 2026 Arab Light OSP to Asia at $1.50 below the Oman/Dubai average, an $11 cut from July's $9.50 premium and the largest single-month move in Reuters records back to 2003. What an official selling price is, how Arab Light is benchmarked, and whether the cut signals a price war.
Asian Energy Markets: China, Japan, Korea, and India Dependency Dynamics
Saudi Arabia's energy export dependency on Asian markets, market share competition, downstream integration, and demand trajectory.