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Refinitiv survey shows Saudi Arabia is likely to cut August official selling prices (OSPs) to Asia to four-month lows as Middle East spot crude falls sharply amid rising supply. Arab Light OSP for August is forecast at $1.5–3/bbl over the Dubai/Ahman

2026-06-26

Refinitiv survey shows Saudi Arabia is likely to cut August official selling prices (OSPs) to Asia to four-month lows as Middle East spot crude falls sharply amid rising supply. Arab Light OSP for August is forecast at $1.5–3/bbl over the Dubai/Ahman average, down $6.5–8/bbl from July; other Saudi grades are expected to see comparable reductions. Dubai spot spread this week swung to a $1.64/bbl discount, the weakest in six years.

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2026-06-26

Iran's Foreign Ministry said it will make no concessions in defending the country's national identity and related capabilities.

Iran's Foreign Ministry said it will make no concessions in defending the country's national identity and related capabilities.
2026-06-26

Citi/YOUGOV survey: UK long-term inflation expectations are 3.9% in June, down from 4.0% in May.

Citi/YOUGOV survey: UK long-term inflation expectations are 3.9% in June, down from 4.0% in May.
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