SINGAPORE: Saudi Arabia’s state oil giant Aramco has raised the July price for its Arab light crude to Asia to plus $0.20 a barrel, up $6.10 from June, according to a document seen by Reuters on Sunday.
It has also raised the July OSP of its Arab light crude oil to the United States, setting it at a premium of $1.35 per barrel over ASCI (Argus Sour Crude Index), up $0.60 a barrel from June, according to the document.
Aramco also increased its OSP for Arab light crude oil to Northwestern Europe to plus $0.30 a barrel over ICE Brent, up $4 from the previous month.