Saudi Arabia cut its crude prices for Asian buyers for a fourth straight month, reflecting concerns that global supply may outpace demand. Saudi Aramco set the March official selling price for Arab Light to Asia at parity with the Oman/Dubai benchmark, down from a $0.30/bbl premium in February. Heavier grades to Asia were reduced by $0.40/bbl, while lighter grades rose by $0.20/bbl. Aramco also lowered prices across all grades sold to the U.S., Northwest Europe, and the Mediterranean.