OMAN

Thailand to Buy More Crude from Oman 

Thailand is to increase its purchases of crude oil from Oman and cut back on imports from Saudi Arabia, according to reports from Bangkok. The reports, citing a statement by the Prime Minister's office, attribute the decision to the price disparity between the two crudes, since Oman's market-related price for its 34° API oil is currently around $26/B, while Saudi Arabia is sticking to the official $28/B price for 34° Arabian...