Saudi Aramco's storage terminals
Saudi Aramco announced today, Sept. 6, its October official selling price (OSP) to North America for its flagship Arab Light crude at $6.15 per barrel above the Argus Sour Crude Index (ASCI).
For buyers in West Europe, the Arab Light price differential was set at $2.70 per barrel versus the ICE Brent in October, the oil giant said in a statement obtained by Argaam.
Moreover, in Europe-The Mediterranean, the Arab Light price differential was set at $2.70 per barrel versus the ICE Brent, while the price of Arab Light crude grade to East Asia was determined at $5.85 above the average of the Oman and Dubai benchmarks, as shown in the following table:
|
Arab Crude OSP for October ($/barrel) |
|||||
|
Region |
Super Light |
Extra Light |
Light |
Average |
Heavy |
|
North America |
-- |
+ 8.00 |
+ 6.15 |
+ 5.95 |
+ 5.50 |
|
West Europe |
-- |
+ 4.50 |
+ 2.70 |
+ 0.20 |
(4.20) |
|
East Asia |
+ 9.15 |
+ 6.45 |
+ 5.85 |
+ 3.75 |
+ 2.20 |
|
Europe – The Mediterranean |
-- |
+ 4.80 |
+ 2.70 |
+ 0.30 |
(4.40) |
Saudi Aramco produces five grades of crude: Super Light, Arab Light, Arab Extra Light, Arab Medium and Arab Heavy, according to Argaam’s data.
Comments {{getCommentCount()}}
Be the first to comment
رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}
{{comment.DisplayName}}
{{comment.ElapsedTime}}