Riyadh – Mubasher: The Saudi Arabian Oil Company (Saudi Aramco) has raised its November official selling price (OSP) for its Arab Light crude to Asia by $0.10 per barrel (pb), setting it at a minus $0.40 pb versus Oman/Dubai average, Reuters reported.

The oil giant set the Arab Light OSP to Northwestern Europe at a discount of $2 pb over ICE Brent and to the US at plus $1.05 pb over Argus Sour Crude Index (ASCI), both unchanged from October.

The state oil producer was expected to keep its November OSPs little changed for Asian buyers in line with Middle East benchmarks.