Real Threat of Decline in World Oil Prices
So, in North-Western Europe and the Mediterranean, the most massive Saudi Aramco Arab Light oil, similar in characteristics to the Russian Urals, will be sold at $ 2.50 cheaper than in August, the discount to the benchmark Brent will be $ 1.8 per barrel against premiums of 70 cents in the previous month. Arab Extra Light oil prices will decrease by $ 2.8, and discount to Brent will amount to $ 1.3.For Asian customers, Saudi oil will fall in price...
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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