AI Summary
Saudi Aramco set the January official selling price (OSP) for its flagship Arab Light crude to North America at $2.5 per barrel, above the Argus Sour Crude Index (ASCI).
The Arab Light price differential for buyers in Western Europe has been set at $0.05 above the ICE Brent, according to an Aramco statement to Argaam.
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The Arab Light crude grade was priced $1.15 above the ICE Brent for Europe and the Mediterranean, while the price for East Asia was set at $0.6 above the average of the Oman and Dubai benchmarks.
|
Arab Crude OSP for January 2026 ($/barrel) |
|||||
|
Region |
Super Light |
Extra Light |
Light |
Medium |
Heavy |
|
North America |
-- |
+4.45 |
+2.50 |
+2.10 |
+1.35 |
|
West Europe |
-- |
+1.65 |
+0.05 |
(0.75) |
(3.15) |
|
East Asia |
+2.15 |
+1.10 |
+0.60 |
(0.55) |
(1.90) |
|
Europe (Mediterranean) |
-- |
+1.55 |
(0.15) |
(0.75) |
(3.45) |
Aramco produces five grades of crude: Super Light, Arab Light, Arab Extra Light, Arab Medium, and Arab Heavy, according to Argaam data.
The Arab Super light crude is characterized by a density of more than 40, while the Arab Extra light is characterized by a density ranging between 36 and 40. The Arab Light has a density between 32 and 36, the Arab Medium crude has a density between 29 and 32 degrees, and the Arab Heavy has a density of less than 29 degrees.
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