RPT-COLUMN-Saudi cuts to lighter crude prices show shifting oil market: Russell

LAUNCESTON, Australia, March 7 A decision by Saudi Aramco to cut the price of its benchmark Arab Light crude to Asian refiners for April-delivery cargoes has prompted speculation that the world’s top oil exporter is chasing market share. There is always a risk in over-interpreting moves in Aramco’s official selling prices , and trying to fit them into a narrative that supports a particular view of the state of the market.