Aramco raises Arab Light Crude OSP to Asia for February

Riyadh – Mubasher: The Saudi Arabian Oil Co, known internationally as Saudi Aramco, has announced raising the official selling price (OSP) of its Arab Light Crude oil to Asia by $0.10 per barrel (pb) to be $0.70 higher than the Oman/Dubai average for February.

The firm also set Arab Light Crude's OSP, delivered, to Northwest Europe in the coming month, at $1.20 discount per barrel from Brent Crude, which is the same level as January's, according to Reuters.

The largest international oil provider also said that OSP for crude to the US would be 15 cents pb higher when compared to January.

Mubasher Contribution Time: 03-Jan-2019 14:38 (GMT)
Mubasher Last Update Time: 03-Jan-2019 14:48 (GMT)