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Aramco delays May prices pending OPEC+ talks

Aramco delays May prices pending OPEC+ talks
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SAUDI ARAMCO
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Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) has decided to delay its pricing decision for crude exports for May delivery, in anticipation for OPEC+ talks.

Aramco is expected to announce its crude prices for May on Monday, Bloomberg reported.

The world’s major oil producers are negotiating an output cut to restore market balance.

The Saudi oil giant recently lowered its propane and butane prices for April.