Bloomberg | Aramco Raises Oil Pricing to Asia and U.S. as OPEC Cuts Output Bloomberg State-owned Saudi Arabian Oil Co., known as Saudi Aramco, increased its official pricing for Arab Light crude to Asia by 60 cents a barrel to 15 cents below the regional benchmark, it said in an e-mailed statement. The company had been expected to ... Saudi Aramco IPO May Not Happen If Oil Prices Rise How higher oil prices buy Saudi rulers breathing room Oil steady on US data, doubts over output cuts |