After OPEC+ extended oil supply restrictions, Saudi Arabia raised the price of crude oil sold to Asia and the United States in April, indicating that the spot market has tightened supply. As the world's largest crude oil exporter, the price of crude oil exported from Saudi Arabia to Asia has reached the highest level since March last year. Before that, the price remained unchanged for two months. This shows that Saudi Arabia believes that demand for crude oil will continue to grow.


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Saudi Arabia increases crude oil prices sold to Asia and the U.S.

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