World News: 03:08 GMT Wednesday 8th May 2019. [Yahoo Business News Feed via SPi World News]
State-run producer Saudi Aramco will sell additional cargoes to customers in the world’s biggest oil-consuming region for June loading, according to people with knowledge of the matter. Aramco raised its official selling price for June cargoes of its flagship Arab Light crude to the biggest premium versus Middle East benchmark prices in 11 months. The cost of the Arab Medium variety was set at the highest since December 2013, while Arab Heavy was increased to the most in over six years.
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