Saudi Aramco sets Arab Crude OSP for June

Saudi Aramco's oil tanks

Saudi Aramco set the official selling price (OSP) for its Arab Light crude for June delivery to North America at $3.4 per barrel above the Argus Sour Crude Index (ASCI).

 

For Western Europe, the Arab Light price was set at $1.45 per barrel above ICE Brent, according to a statement to Argaam.

 

The Arab Light crude grade was priced $1.25 above the ICE Brent for Europe and the Mediterranean. In addition, the price for East Asia was set at $1.40 more than the average of the Oman and Dubai benchmarks, as shown below:

 

Arab Crude OSP for June 2025 ($/barrel)

Region

Super Light

Extra Light

Light

Medium

Heavy

North America

--

+5.65

+3.40

+3.50

+3.05

West Europe

--

+3.05

+1.45

+0.65

-1.75

East Asia

+1.95

+1.20

+1.40

+0.85

-0.30

Europe (Mediterranean)

--

+2.95

+1.25

+0.65

-2.05

 

Aramco produces five density-based grades of crude oil: Super Light (greater than 40 degrees), Arab Extra Light (36-40), Arab Light (32-36), Arab Medium (29-32), and Arab Heavy (below 29), according to Argaam’s data.

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