{
  "id": 12102915,
  "title": "Saudi Arabia Cuts Price of Benchmark Oil Grade to Asia",
  "url": "https://urgent.news/2026/10/05/saudi-arabia-cuts-price-of-benchmark-oil-grade-to-asia",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-05T07:34:32.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/videos/2026-10-05/saudi-arabia-cuts-price-of-benchmark-oil-grade-to-asia-video"
  },
  "original_language": "en",
  "account": null,
  "summary": "Energy Aspects founder Amrita Sen says the increased cost of shipping is the reason why Saudi Arabia cut prices of its benchmark grade to Asia. \"It's costing about $30 per barrel right now to move oil from Hormuz to Asia,\" she tells Bloomberg Television. \"The biggest issue is ship-to ship,\" she adds. (Source: Bloomberg)",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}