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Saudi Arabia raises December Arab Light crude prices to Asia

Saudi Arabia raises December Arab Light crude prices to Asia

Saudi Arabia's state oil producer Aramco (2222.SE) raised its December official selling price (OSP) to Asia for its flagship Arab light crude to $2.70 a barrel versus Oman/Dubai crude, up $1.40 from November, the company said on Friday.
The company set the Arab Light OSP to Northwestern Europe at a discount of 30 cents a barrel over ICE Brent and to the United States at plus $1.75 per barrel over ASCI (Argus Sour Crude Index).
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