Aramco slashes oil price by its biggest margin in 25 years
The reduction comes as Gulf producers ramp up exports through the Strait of Hormuz following an interim U.S.-Iran deal that has swollen supplies
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Saudi Aramco cut its Arab Grade crude by $11 a barrel
Saudi Aramco is slashing crude prices with its biggest discount in 25 years.
The state oil giant cut the price of its flagship Arab Light crude for Asian buyers by $11 a barrel for next month, leaving it...