AI Summary
Saudi Aramco's oil tanks
Saudi Aramco set the official selling price (OSP) for its Arab Light crude for November delivery to North America at $3.7 per barrel above the Argus Sour Crude Index (ASCI).
For Western Europe, the Arab Light price was set at $1.35 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 $1.15 above the ICE Brent for Europe - Mediterranean. In addition, the price for East Asia was set at $2.2 more than the average of the Oman and Dubai benchmarks.
|
Arab Crude OSP for November 2025 ($/barrel) |
|||||
|
Region |
Super Light |
Extra Light |
Light |
Medium |
Heavy |
|
North America |
-- |
+5.65 |
+3.70 |
+3.40 |
+2.75 |
|
West Europe |
-- |
+2.95 |
+1.35 |
+0.55 |
1.85 |
|
East Asia |
+3.55 |
+2.50 |
+2.20 |
+1.45 |
+0.10 |
|
Europe (Mediterranean) |
-- |
+2.85 |
+1.15 |
+0.55 |
2.15 |
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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