Free Trial

Saudi May Increase OSP of Arab Light to Asia in November

OIL

Saudi Aramco may increase the official selling price of Arab Light crude to Asia for November by 0.4$/bbl according a Bloomberg survey of six traders and refiners.

  • This increase would bring the OSP differential to the Oman-Dubai benchmark up from 5.85$/bbl in Oct to 6.25$/bbl in Nov. The differential reached a record 9.8$/bbl in September.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.