AI Summary
Saudi Aramco set the February official selling price (OSP) for its flagship Arab Light crude to North America at $2.20 per barrel, above the Argus Sour Crude Index (ASCI).
The Arab Light price differential for buyers in Western Europe has been set at $0.35 above the ICE Brent, according to an Aramco statement to Argaam.
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The Arab Light crude grade was priced $0.55 below the ICE Brent for Europe and the Mediterranean, while the price for East Asia was set at $0.30 above the average of the Oman and Dubai benchmarks.
|
Arab Crude OSP for February 2026 ($/barrel) |
|||||
|
Region |
Super Light |
Extra Light |
Light |
Medium |
Heavy |
|
North America |
-- |
4.05+ |
2.20+ |
1.70+ |
0.95+ |
|
West Europe |
-- |
1.25+ |
0.35- |
1.15- |
3.55- |
|
East Asia |
1.95+ |
0.80+ |
0.30+ |
0.85- |
2.20- |
|
Europe (Mediterranean) |
-- |
1.1+ |
0.55- |
1.15- |
3.85- |
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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