FAQ?
Will Saudi Arabia trim oil prices in March?
SINGAPORE, Jan 30 (Reuters) - Saudi Arabia, the world's largest oil exporter, may trim prices for crude grades sold to Asia for a fourth straight month in March, amid low physical oil premiums, as oversupply worries linger despite expectations of demand recovery in China.
Why did Bangladesh ask Saudi Arabia for oil credit?
Cash-strapped Bangladesh asked Saudi Arabia for extended credit on oil supplies, Dhaka's foreign ministry said, as the South Asian nation grapples with dwindling foreign exchange reserves.
Will Saudi Arabia supply crude oil on a deferred payment basis?
In a meeting Wednesday with Riyadh's ambassador, foreign minister A.K. Abdul Momen asked Saudi Arabia to consider supplying crude and refined oil "on a deferred payment basis", the foreign ministry said in a statement.
How does Saudi Aramco set its crude prices?
Saudi Aramco sets its crude prices based on recommendations from customers and after calculating the change in the value of its oil over the past month, based on yields and product prices.