Bloomberg | Oil Pares Rally Amid Signals of Expanding American Crude Surplus Bloomberg The state-run Saudi Arabian Oil Co., or Saudi Aramco as it's better known, raised its official selling price for its key Arab Light crude in Asia by 10 cents a barrel, lifting the differential to $1.20 a barrel above a Middle East benchmark for May ... Oil above $63 as trade tensions ease Oil climbs with equities, Saudi Arabia hikes crude grades Oil gains with equities as US-China tensions ease |