Riyadh – Mubasher: Saudi Aramco has set the price for its February Arab light crude oil to Asia at a premium of $3.7 per barrel (pb), Reuters reported.
Aramco reduced February Arab light crude’s price to Northwestern Europe to $4.05 pb, from $2.20 a month earlier.
The kingdom’s energy giant priced February Arab light crude to the US at a premium of $3.55 per barrels, $0.2 higher compared to the price in January.