Created
: 2025.08.08
- English
- English
- What's Myforex
- Share
- Use tools
- Get information
- What's New
- Help center
- About us
- Customer support
- Terms and policies
-
-
PortfolioShare your portfolio and performance in real time -
Events & contestsEvents and contests held by retail brokers around the world
-
-
Real-time spread comparisonCompare spreads of major retail brokers in real time -
Volatility analysisVisualize volatility as a measure of daily market activity -
Swap point comparisonCompare buy and sell swap values for each broker by symbol -
Market rates & chartsCheck prices for all instruments offered by each broker -
IndicatorsProviding in-house developed indicators for MT4/MT5 -
Trading calculatorsCalculation tools for each broker to help you trade
-
-
World FX newsLatest news on forex and cryptocurrencies from around the world -
Broker informationTrading information of retail brokers worldwide -
MetaTrader4/5 user guideUser guide collection for the latest MetaTrader4/5 -
Economic calendarRelease calendar for indicators from official sources of major economies
Saudi Arabia raises selling prices for customers in Asia - Commerzbank
World FX news
Breaking news
Saudi Arabia raises selling prices for customers in Asia - Commerzbank
2025.08.08 23:40
2025.08.08 23:40
Saudi Arabia has raised its official selling prices for oil deliveries to Asia in September, Commerzbank's commodity analyst Carsten Fritsch notes.
Buyers of Russian oil likely to look for other major suppliers
"The price premium for Arab Light compared to the Oman/Dubai benchmark will increase by $1 to a five-month high of $3.2 per barrel. The increase was in line with expectations. Despite rising supply, Saudi Arabia appears to be finding sufficient buyers for its oil."
"Given the pressure from the US on buyers of Russian oil, these are likely to look for oil from other major suppliers, including Saudi Arabia. Customers in the US will also have to pay slightly more than in the previous month. In contrast, the OSPs for customers in Europe have been lowered. However, these had been raised significantly in the two preceding months."
Last updated
: 2025.08.08
Related articles
Crude Oil price today: WTI price bearish at European opening
2025.08.28 15:05WTI falls below $63.50 as summer driving season approaches end
2025.08.28 13:30WTI Crude Oil climbs as EIA inventory draw and weaker Greenback fuel recovery
2025.08.28 03:43WTI Price Forecast: 50-EMA acts as major barrier
2025.08.27 20:47USD/CAD picks up to 1.3850, remains wavering within previous ranges
2025.08.27 17:55Secondary tariffs against India come into force - ING
2025.08.27 17:51
FXStreet is a forex information website, delivering market analysis and news articles 24/7.
It features a number of articles contributed by well-known analysts, in addition to the ones by its editorial team.
Founded in 2000 by Francesc Riverola, a Spanish economist, it has grown to become a world-renowned information website.
Was this article helpful?
We hope you find this article useful. Any comments or suggestions will be greatly appreciated.
We are also looking for writers with extensive experience in forex and crypto to join us.
please contact us at [email protected].
Thank you for your feedback.
Thank you for your feedback.
Most viewed
GBP/USD extends soft bullish march ahead of looming US inflation data
GBP/USD marched its way into a third consecutive bullish session on Thursday, climbing back over the 1.3500 handle and paring away most of the early-week losses from Monday's half-percent decline.
New
2025.08.29 08:33Fed's Waller: Time has come to move US interest rates lower -- Reuters
Federal Reserve (Fed) Governor Christopher Waller said that he would support an interest-rate cut in the September meeting and further reductions over the next three to six months to prevent the labor market from collapsing, Reuters reported late Thursday.
New
2025.08.29 08:13USD/CAD posts modest gains above 1.3750 ahead of Canadian GDP, US PCE releases
The USD/CAD pair trades with mild gains near 1.3755 during the early Asian session on Friday. The US Dollar (USD) strengthens against the Canadian Dollar (CAD) after the upbeat US Gross Domestic Product (GDP) and weekly Initial Jobless Claims data.
New
2025.08.29 08:06USD/CHF consolidates near support, risks testing July swing lows
USD/CHF consolidates during the North American session yet ends Thursday's session modestly with losses of over 0.09% even though the latest round of economic data in the United States (US) showed that the economy remains solid. At the time of writing, the pair trades at 0.8013.
New
2025.08.29 07:11When is the Tokyo CPI release, and how could it affect USD/JPY?
The Tokyo Consumer Price Index (CPI) inflation print, due at the tail end of the Thursday market session at 23:30 GMT, will give markets the latest peek at how Japanese inflation is ticking away under the hood.
New
2025.08.29 06:45EUR/USD edges higher as Fed turmoil and safe-haven flows pressure US Dollar
EUR/USD edges up late in the North American session on Thursday, as the US Dollar (USD) fails to gain traction on upbeat US data, amid the ongoing conflict between US President Donald Trump and Federal Reserve (Fed) Governor Lisa Cook. At the time of writing, the pair trades at 1.1688, up 0.43%.
New
2025.08.29 05:13USD/JPY drifts lower ahead of Tokyo CPI and US PCE inflation report
The Japanese Yen (JPY) strengthens against the US Dollar (USD) on Thursday, with USD/JPY slipping below the 147.00 mark as the Greenback remains under pressure.
New
2025.08.29 03:45Gold rallies above $3,400 as Fed independence fight boosts safe-haven demand
Gold price rises to a five-week high of $3,413 as traders shrug off solid economic data from the United States (US), which justifies the current stance by the Federal Reserve (Fed) to hold rates unchanged.
New
2025.08.29 03:38Dow Jones Industrial Average middles ahead of key inflation report
The Dow Jones Industrial Average (DJIA) ground to a halt on Thursday, stuck near the 45,500 region as investors await the latest batch of United States (US) Personal Consumption Expenditures Price Index (PCE) inflation data, due on Friday.
New
2025.08.29 03:33Forex Today: Investors' attention shifts to US PCE data and German flash CPI
The US Dollar (USD) extended further its weekly correction as jitters surrounding the Fed's independence remained unabated, while tariff uncertainty and the increasing likelihood of a rate cut by the Federal Reserve in September also contributed to the sour sentiment around the Greenback.
New
2025.08.29 03:30Disclaimer:
All information and content provided on this website is provided for informational purposes only and is not intended to solicit any investment. Although all efforts are made in order to ensure that the information is correct, no guarantee is provided for the accuracy of any content on this website. Any decision made shall be the responsibility of the investor and Myforex does not take any responsibility whatsoever regarding the use of any information provided herein.
The content provided on this website belongs to Myforex and, where stated, the relevant licensors. All rights are reserved by Myforex and the relevant licensors, and no content of this website, whether in full or in part, shall be copied or displayed elsewhere without the explicit written permission of the relevant copyright holder. If you wish to use any part of the content provided on this website, please ensure that you contact Myforex.
Myforex uses cookies to improve the convenience and functionality of this website. This website may include cookies not only by us but also by third parties (advertisers, log analysts, etc.) for the purpose of tracking the activities of users. Cookie policy
