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Asharq Al-Awsat
Asharq Al-Awsat
Business
London -Asharq Al-Awsat

Saudi Arabia Raises April Arab Light Crude Prices to Asia

Asia Saudi Arabia United States Aramco Dubai Oman
An oil pump is seen at sunset outside Vaudoy-en-Brie, near Paris, France April 23, 2018. REUTERS/Christian Hartmann

Saudi Arabia's state oil producer Aramco raised its April official selling price (OSP) for all crude grades it sells to Asia in line with market expectations.

The world's top oil exporter raised its April OSP to Asia for its flagship Arab Light crude to $4.95 a barrel versus Oman/Dubai crude, up $2.15 from March, the company said on Friday.

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