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Saudi Aramco has cut official selling prices for Asian-bound crude to the lowest level since June 2020 while increasing prices for European cargoes, Reuters and OilPrice.com report. Arab Light for Asia will be offered at a $5-per-barrel discount to the Dubai/Oman benchmark for November, and European-bound grades are being priced $3 per barrel higher than in October; U.S. allocations are unchanged.
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