AI Summary
Saudi Aramco's oil tanks
Saudi Aramco set the official selling price (OSP) for its Arab Light crude for October delivery to North America at $4.2 per barrel above the Argus Sour Crude Index (ASCI).
For Western Europe, the Arab Light price was set at $2.55 per barrel above the ICE Brent price, the oil giant said in a statement received by Argaam.
The Arab Light crude grade OSP was set at $2.35 above the ICE Brent for Europe - Mediterranean. In addition, the price for East Asia was set at $2.2 more than the average of the Oman and Dubai benchmarks, as shown below:
|
Arab Crude OSP for October 2025 ($/barrel) |
|||||
|
Region |
Super Light |
Extra Light |
Light |
Medium |
Heavy |
|
North America |
-- |
+6.15 |
+4.20 |
+3.90 |
+3.25 |
|
West Europe |
-- |
+4.15 |
+2.55 |
+1.75 |
(0.65) |
|
East Asia |
+3.55 |
+2.50 |
+2.20 |
+1.75 |
+0.40 |
|
Europe (Mediterranean) |
-- |
+4.05 |
+2.35 |
+1.75 |
(0.95) |
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.
Be the first to comment
Comments Analysis: