Saudi Aramco raises January crude oil price for Asia, document shows
Saudi Arabian state oil giant Aramco has raised the January price for its Arab light crude to Asia to $0.30 a barrel over Oman/Dubai crude, up $0.80 from December, a company document showed
)
DUBAI (Reuters) - Saudi Arabian state oil giant Aramco has raised the January price for its Arab light crude to Asia to $0.30 a barrel over Oman/Dubai crude, up $0.80 from December, a company document showed.
It has also set the January OSP of its Arab light crude oil to the United States at plus $0.55 a barrel over ASCI (Argus Sour Crude Index), down $0.30 a barrel from December, according to the document.
Aramco also set its OSP for Arab light crude oil to Northwestern Europe to minus $1.40 a barrel to ICE Brent.
(Reporting by Maha El Dahan; Writing by Aziz El Yaakoubi; Editing by David Goodman)
More From This Section
Don't miss the most important news and views of the day. Get them on our Telegram channel
First Published: Dec 06 2020 | 6:56 PM IST
