Saudi Arabia reportedly may cut its official June crude selling prices to Asia as spot premiums eased and demand eased, Reuters reports

This headline suggests a potential shift in Saudi Arabia's pricing strategy for crude oil in response to easing demand and spot premiums.

Newsquawk StaffPublished 28 Apr 2026, 08:44 UTCOn the live feed at 08:24 UTC — 5 more headlines followed before this page went public

Newsquawk headlinesUTC

08:30

Hong Kong Exports YoY (Mar) Y/Y 35.8% (Prev. 24.7%)

08:30

Hong Kong Balance of Trade (Mar) -89.1B (Prev. -64.2B)

08:24

Saudi Arabia reportedly may cut its official June crude selling prices to Asia as spot premiums eased and demand eased, Reuters reports

08:16

Netherlands sells EUR 1.31bln vs exp. EUR 1-1.5bln 3.75% 2042 DSL: average yield 3.456%

08:13

Eneos (5020 JT) is reportedly the final bidder for some of the Asian assets of Chevron (CVX)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

If confirmed, a price cut could signal a softer outlook for oil prices, influencing both WTI and Brent benchmarks, and might point to broader supply-demand dynamics in the market.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

Steady upside of around 1% was seen across the crude complex following this update.

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

ENERGY/8 Sept · 19:59 UTC

IRGC says in light of the evils of the US army in targeting several oil tankers of Iran, we warn all oil tanker crews in the Kuwaiti and Bahraini ports, they will be targeted, Tasnim reports.

Brent crude, after we published+0.5%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.