Saudi Arabia August OSPs: Arab Light crude oil to Asia set at USD -1.50/bbl to ICE Brent settlement, according to a pricing document

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Saudi Arabia August OSPs: Arab Light crude oil to Asia set at USD -1.50/bbl to ICE Brent settlement, according to a pricing document

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  • Aramco says it is lowering its price of Arab Light crude for Asia  by USD 11/bbl, the larget cut to main oil price since at least 2,000.

NW Europe

  • Sets August Arab Light crude oil to NW Europe at USD +0.85/bbl to Ice Brent settlement.

USA

  • Sets August Arab Light crude oil to USA at USD +3.60/bbl vs ASCI. 

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