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Saudi Arabia Cuts Oil Prices for June

Bloomberg Markets · May 6, 2026, 5:34 AM · Also reported by 4 other sources

Saudi Arabia cut the price of its main oil grade for Asia next month from a record-high in May. The premium for next month is the second-highest on record as the war in the Middle East continues to severely disrupt supplies. Bloomberg’s Anthony di Paola reports.

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Saudi Arabia Cuts Oil Prices for June

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