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Saudi Arabia cuts Arab Light June OSP for Asia

  • The OSP premium for the previous month was $19.50 a barrel
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General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS
General view of Aramco's oil field in the Empty Quarter, Shaybah, Saudi Arabia, January 12, 2024. REUTERS
By Reuters
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Saudi Arabia has set the June Arab Light crude oil official selling price to Asia at $15.50 a barrel above the Oman/Dubai average, down from the previous month, Saudi Aramco said in a statement on Tuesday.

Also read: Saudi Aramco offers oil in rare tenders as Iran war disrupts exports, traders say

The OSP premium for the previous month was $19.50 a barrel.

asia Crude Oil Saudi Arabia Saudi Aramco Oman

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