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Saudi Aramco sets crude selling prices for September

Saudi Aramco sets crude selling prices for September
The OSPs to Northwestern Europe declined by $2.5

Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) has set the official selling prices (OSPs) for its Arab light crude oil for September delivery, according to Reuters.

The Saudi company has decreased the OSPs of Arab light crude oil to Asia by $0.30 to a premium of $0.90 per barrel over the Oman/Dubai average price when compared to August.

Meanwhile, the Arab light crude oil prices to the US remained unchanged at a premium of $1.65 per barrel over the Argus Sour Crude Index (ASCI).

The OSPs to Northwestern Europe declined by $2.5 to minus $1.80 per barrel over ICE Brent, when compared to August.