Saudi Arabia Extends Crude Oil Price Discounts through July 

Saudi Arabia notified term customers on 14 June that its incentive price discounts on crude oil sales will be extended to cover the month of July. This will be the third successive month for which these incentive discounts, which were first introduced for the month of May, have been on offer.

The Saudi decision to offer its customers discounts off the regular netback formula price was in the first place...