Get Ready For Lower Oil Prices: Saudi Arabia has reduced oil prices for Asian buyers in May to their lowest level in four months, following a surprise decision by OPEC+ to increase production. Saudi Aramco cut the official selling price (OSP) of its flagship Arab Light crude by $2.30 per barrel, setting it at $1.20 above the average prices of Oman and Dubai benchmarks. This marks the second consecutive month of price reductions
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