Top oil exporter Saudi Arabia raised the September official selling prices (OSPs) for the flagship Arab light crude to $3 a barrel above the Oman/Dubai average for Asia, the country's state oil producer Aramco (2222.SE) said on Wednesday, Reuters reports.
Saudi Arabia set its Arab Light OSP to northwest Europe at a discount of $1.70 a barrel against ICE Brent for September and its OSP to the United States was at a premium of $1.35 a barrel over Argus Sour Crude Index (ASCI).