AI Summary
Saudi Aramco set the official selling price (OSP) for its Arab Light crude for March delivery to North America at $2.10 per barrel above the Argus Sour Crude Index (ASCI).
For Western Europe, the Arab Light price was set at $0.65 per barrel above the ICE Brent price, the oil giant said in a statement received by Argaam.
The Arab Light crude grade was priced $0.85 below the ICE Brent for Europe and the Mediterranean, while the price for East Asia was unchanged compared with February.
|
Arab Crude OSP for March 2026 ($/barrel) |
|||||
|
Region |
Super Light |
Extra Light |
Light |
Medium |
Heavy |
|
North America |
-- |
+3.95 |
+2.10 |
+1.40 |
+0.65 |
|
West Europe |
-- |
+0.95 |
-0.65 |
-1.45 |
-3.85 |
|
East Asia |
+2.15 |
+1.00 |
0.00 |
-1.25 |
-2.60 |
|
Europe (Mediterranean) |
-- |
+0.85 |
-0.85 |
-1.45 |
-4.15 |
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 data.
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