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Saudi Keep Arab Light OSP to Asia Unchanged

OIL

Saudi Aramco has kept the November OSP of Arab Light to Asia unchanged at a premium of 5.85$/bbl to the Oman/Dubai average according to Reuters.

  • Expectation was for an increase of 0.4$/bbl according to a Bloomberg survey.
  • Super Light crude also remained unchanged while Arab Extra Light crude was reduced by 0.1$/bbl.
  • Arab Medium and Arab Heavy crude are increased 0.25$/bbl from October.

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