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Aramco: Saudi Arabia Will Raise Crude Prices to Asia in September

Adel 4 August, 2021 2:47 pm Market Update

Saudi Aramco said on Wednesday that the kingdom, the world’s largest crude exporter, raised the official selling price of Arab Light crude to Asia in September to $3 a barrel above the average price of Oman and Dubai crudes.

Aramco set the official selling price for its Arab Light crude to Northwest Europe at a discount of $1.70 a barrel to Brent on the Intercontinental Exchange for the month of September, and also set the official selling price for the United States at a premium of $1.35 a barrel over the Argus index of high sulfur crudes. According to Reuters

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