Saudi Arabia announces new oil prices



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Saudi Arabia announces new oil prices

Reuters

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Saudi oil company “Aramco” said today, Wednesday, that the Kingdom, the world’s largest crude exporter, had raised the official selling price of light Arab crude to Asia for September. 2021.

He said the official selling price of Arab Light crude on the Asian market rose for the next month to three dollars a barrel, above the average price of crudes from Oman and Dubai.

Aramco has set the official selling price of its Arab Light crude to Northwest Europe at a discount of $ 1.70 per barrel to Brent on the Intercontinental Exchange for September 2021.

He also set the official US selling price at a premium of $ 1.35 per barrel over the “Argos” index for high sulfur crudes.

Source: Reuters



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