UPDATE 1-L Saudi Arabia Reduces Crude Oil Prices in Asia in September – Agricultural Commodities



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(Add tables)

DUBAI, Aug 4 (Reuters) – Saudi Arabia cut $ 0.75 a barrel of its Arab Light price for Asian customers in September, down from $ 1.70 a barrel on average in Oman / Dubai, announced Sunday the national oil company Aramco.

He lifted his September Arab OSP for Northwest Europe with a $ 0.05 per barrel discount to ICE Brent, up $ 2.65 a barrel from the previous month. August.

The Arab Light OSP price in the United States was set at a premium of $ 2.85 per barrel compared to the Argus Sour Crude Index (ASCI) index for the month of September, unchanged from the previous month .

The tables below show the full FOB prices for the month of August in US dollars. Saudi crude oil supply in the United States is based on a differential price relative to the Corrosive Crude Oil (ASCI) Argus Index. UNITED STATES

Aug. 7 CHANGE EXTRA LIGHT +4.50 +4.50 0.00 LIGHT +2.85 +2.85 0.00 MEDIUM +1.25 +1.25 0.00 HEAVY +0.50 +0.50 0.00 Prices in Ras Tanura for Northwestern Europe are compared to those in the UK. ICE Brent: NW EUROPE

Aug. 7 EXTRA LIGHT CHANGE +1.40 -1.55 +2.95 LIGHT -0.05 -2.70 +2.65 AVERAGE -1.60 -4.05 +2.45 HEAVY -3.25 -5.50 +2.25 Raw crude oil supplies in Asia are calculated as differentials from the average between Oman and Dubai: ASIA

Aug. 7 CHANGE SUPER LIGHT +3.05 +4.45 -1.40 EXTRA LIGHT +1.70 +2.65 -0.95 LIGHT +1.70 +2.45 -0.75 AVERAGE +1.25 +1.75 -0.50 HEAVY +0.65 +0.85 -0.20 Price in Ras Tanura for Saudi oil destined for the Mediterranean against ice Brent: MEDITERRANEAN

Seven August CHANGE EXTRA LIGHT +1.35 -1.50 + 2.85 LIGHT +0.40 -2.30 +2.70 MEDIUM -1.45 -3.95 +2.50 HEAVY -2.45 -4 , 80 +2,35 (Report by Dahlia Nehme, written by Rania El Gamal and Dahlia Nehme, edited by David Evans)

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