Riyadh – Mubasher: Saudi Aramco has set the August official selling price (OSP) for Arab Light crude for sale to Asia at $2.45 per barrel above Oman-Dubai quotes, according to Reuters.
The new per barrel price is $0.25 lower than the previous month, the international news agency reported.
“The August OSP for Arab Super Light crude was set at a premium of $4.45 per barrel while the OSP for Arab Extra Light crude was at a premium of $2.65 a barrel.”
Arab Medium crude’s OSP for August was set at a premium of $1.75 per barrel, while Arab Heavy was priced at a premium of $0.85 cents per barrel.