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Saudi Arabia slashes oil prices for Asia after surprise OPEC+ output hike (CL1:COM:Commodity)

Seeking Alpha · last updated
The war on oil prices caused by the coronavirus. Oil prices fall due to global crisis. Oil drilling derricks at desert oilfield.

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Saudi Arabia, the world’s largest oil exporter, has lowered its crude oil prices for Asian buyers to the lowest level in four months, just days after a surprise move by OPEC+ to boost production.

According to a pricing document released