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

Saudi Aramco Hikes Official Selling Prices of Arab Crude

Aramco Oil United States Fatih Birol Asia China Europe America
Oil markets are optimistic about rising Chinese demand. (Reuters)

Saudi Aramco has increased Official Selling Prices (OSPs) for April-loading crude to Asia, Europe, and America largely in line with expectations of oil demand recovery during the second quarter of 2023.

For Aramco's key customer base in Asia, differentials for the flagship Arab Light grade were lifted to Platts Dubai/DME Oman +$2.50/b for loading next month.

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