Monday, 5 October 2026Updated 13m ago
← Market pulse
Market move▲ Bullish for Indian equities

Saudi Arabia cuts November crude prices for Asia as Hormuz flows rebound

5 sources · first seen 05:20 5 Oct · updated 08:20 5 Oct

The brief

Written from 5 reports · check the source before you trade
  • Saudi Arabia set November Arab Light for Asia at $5 a barrel below the Oman-Dubai average
  • The flagship crude price for Asia fell to its lowest level in six years
  • Cheaper crude may ease input costs for Indian refiners and reduce pressure on the rupee

Tags on this story

Pick a tag to see all its stories
Saudi Arabia7 todayCrude oil44 todayStrait of Hormuz10 todayAramco3 today

Linked by the tag Aramco

5 stories this week
  1. 5 OctBrent climbs to $103 after Houthi attacks on Saudi energy facilitiesMarket move · 5 sources · Brent crude rose 81 cents, or 0.79%, to $103.06 a barrel
  2. 4 OctHouthis claim strike on Saudi Aramco facility as Yemen fighting intensifies4 sources · Houthis claimed a missile and drone attack on a Saudi Aramco facility
  3. 3 OctFire and smoke reported near Aramco facility in Riyadh amid Houthi tensions3 sources · Fire and smoke were seen near an Aramco facility in Riyadh
All Aramco stories →

Read the reports

5 reports · earliest 05:20
ReutersSaudi Arabia unexpectedly cuts oil prices to Asia05:20BloombergSaudis Cut Flagship Oil Price to Asia to Lowest in Six Years06:39CNBC-TV18Saudis cut flagship oil price to Asia to lowest in six years07:05MoneycontrolSaudi Arabia cuts November oil prices for Asia as Hormuz flows rebound07:26Business StandardSaudi Arabia unexpectedly cuts oil prices to Asia, raises them for Europe08:20