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Saudi Arabia hikes official selling price for light oil in September

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2025-08-06 14:45:16
On August 6th, Saudi Arabia raised the official selling price (OSP) of Arab light crude oil sold to Asia in September to $3.20/barrel above the average price in Oman/Dubai, and the premium in August was $2.20/barrel. The official selling price (OSP) of Arab light crude oil sold to the United States in September was $4.20/barrel above the average price in Oman/Dubai, and the official selling price (OSP) of Arab light crude oil sold to northwest Europe in September was $3.35/barrel above the average price in Oman/Dubai.
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