AI Summary
Saudi Aramco's oil tanks
Saudi Aramco set the official selling price (OSP) for its Arab Light crude for April delivery to North America at $4.60 per barrel above the Argus Sour Crude Index (ASCI).
For Western Europe, the Arab Light price was set at $2.85 per barrel above the ICE Brent price, the oil giant said in a statement received by Argaam.
The Arab Light crude grade was priced $2.65 above the ICE Brent for Europe and the Mediterranean, while the price for East Asia was set $2.50 above the average price for Oman and Dubai compared with March.
|
Arab Crude OSP for April 2026 ($/barrel) |
|||||
|
Region |
Super Light |
Extra Light |
Light |
Medium |
Heavy |
|
North America |
-- |
+5.95 |
+4.60 |
+3.40 |
+2.65 |
|
West Europe |
-- |
+4.45 |
+2.85 |
+2.05 |
- 0.35 |
|
East Asia |
+4.15 |
+3.00 |
+2.50 |
+0.75 |
- 0.60 |
|
Europe (Mediterranean) |
-- |
+4.35 |
+2.65 |
+2.05 |
- 0.65 |
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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