Saudi Arabia will reduce oil prices for Asia and Europe

Saudi Arabia in January will reduce the prices of most oil varieties for buyers in Asia and Europe, but for the United States prices will remain unchanged for the second month in a row. It is reported by Bloomberg with reference to Saudi Aramco.

Thus, the cost of the main Arab Light variety next month will fall by $ 2.2 per barrel.

Aramco decision was made the day after OPEC+ – a group of 23 countries, headed by Saudi Arabia and Russia – decided to maintain the production of raw materials at the same level.