Saudi Aramco's storage terminals
Saudi Aramco announced its December official selling price (OSP) to North America for its flagship Arab Light crude at $6.35 per barrel above the Argus Sour Crude Index (ASCI).
For buyers in West Europe, the Arab Light price differential versus the ICE Brent was set above $1.70 per barrel in December, Saudi Aramco said in a statement obtained by Argaam.
Moreover, in Europe-The Mediterranean, the Arab Light price differential versus the ICE Brent was set above $1.40 per barrel, while the price of Arab Light crude grade to East Asia was determined at $5.45 above the average of the Oman and Dubai benchmarks, as shown in the following table:
|
Saudi Aramco Sets Official Selling Price of Arab Crude for December |
|||||
|
Region |
Super Light |
Extra Light |
Light |
Average |
Heavy |
|
North America |
-- |
+8.20 |
+6.35 |
+6.15 |
+5.70 |
|
West Europe |
-- |
+3.40 |
+1.70 |
(1.30) |
(4.90) |
|
East Asia |
+9.15 |
+6.45 |
+5.45 |
+3.20 |
+1.25 |
|
Europe – The Mediterranean |
-- |
+3.50 |
+1.40 |
(1.00) |
(5.40) |
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}}