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Saudi Arabia cuts all January oil prices to US and Asia?maybe
2 minutes ago | December 4th, 2014 12:12:11 GMT
The main Saudi oil company Saudi Aramco has issued a statement saying that is has cut it's Jan prices to Asia and the US.
Arab light oil to Asia has been discounted by $2, supposedly.
The comments have come via Bloomberg but Livesquawk are reporting that Saudi Aramco have recalled the notice.
No idea what's going but I'll clarify when I know more.
Update: 12.14 Bloomers now have that SA have recalled the message on official selling prices