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Aramco raises September crude official selling prices for Asia

Aramco raises September crude official selling prices for Asia
Saudi Arabia set Arab Light OSP to Northwest Europe at a discount of $1.70/barrel
SAUDI ARAMCO
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-0.43% 35.00 -0.15

Riyadh – Mubasher: Saudi Arabian Oil Company (Saudi Aramco) has increased the September official selling prices (OSPs) for its Arab light crude to $3 per barrel above the Oman/Dubai average for Asia, Reuters reported on Wednesday.

The Kingdom has set its Arab Light OSP to Northwest Europe at a discount of $1.70/barrel against the ICE Brent for September, while its OSP to the US was at a premium of $1.35 a barrel over Argus Sour Crude Index (ASCI).