Saudi Aramco raises Arab Light crude’s OSP to Asia for May

07/04/2018 Argaam

 

Saudi Aramco raised the official selling price (OSP) of Arab Light crude to Asia by $0.10 per barrel (bbl) for May, increasing prices to a premium of $1.20 per barrel to the Oman/Dubai benchmark.

 

Aramco hiked prices to Northwest Europe for May by $0.20 per barrel compared to the previous month, $2.95 lower than Brent oil.

 

To US customers, Aramco lowered by $0.10 the prices of Arab Light crude, with a premium of $0.60 per barrel over the Argus Sour Crude Index (ASCI) for May.

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