Saudi Arabia raises August crude oil official selling prices for Asia
Top oil NSE -0.34 % exporter Saudi Arabia has raised the August official selling prices (OSPs) of all crude grades it sells to Asia, a pricing document seen by Reuters showed on Tuesday.
It set the August OSP for the flagship Arab light crude at $2.70 a barrel above the Oman/Dubai average for Asia, up 80 cents from July.
Saudi term crude supplies to Asia are priced as a differential to the Oman/Dubai average:
