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December 8th, 2022 
Awake Goy 
Saudi Arabia, the world’s top oil exporter, cut the January official selling price (OSP) for its flagship Arab Light crude for Asian buyers on concerns over faltering demand and a potential increase in Russian competition, Reuters reports.
According to the report, the price for January-loading Arab Light to Asia was trimmed by $2.20 a barrel from December, to $3.25.
The Organisation of the Petroleum Exporting Countries (OPEC) and allies, including Russia, known as OPEC+, on Sunday decided to keep unchanged their plan to cut production report added.
READ: US Senator calls on Washington to ‘freeze’ cooperation with Saudi Arabia following OPEC+ agreement
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