Saudi Arabia lifts November Arab Light crude price to Asia again

Top oil exporter Saudi Arabia has raised the price of its flagship Arab Light crude to Asian customers in November for a fifth straight month, after the kingdom reaffirmed its voluntary supply cut. State-owned Saudi Aramco increased the official selling prices (OSP) for November-loading Arab Light to Asia by 40 cents a barrel from October to $4 a barrel over Oman/Dubai quotes, it said in a statement.