(Finance) – TheSaudi Arabia has raised the prices for deliveries of raw on the Asian and European markets in July, one of the peak periods of consumption. The OSP reference price on the Arab Light for theAsia in fact, it rose by 2.1 dollars a barrel to 6.5 dollars above the Oman / Dubai benchmark while that for theEurope it rose by $ 2.20 to $ 4.30 above Brent.
The decision therefore pushed oil up on the Asian markets. The Brent instead, it stood at $ 120.44 per barrel (+ 0.60%) after hitting an intraday maximum of over $ 121. The Wti it rose by 0.66% to 119.65 dollars a barrel.