Record Saudi Arab Light OSP Expected in Sep

Saudi Arabia is expected to increase the official selling price differential of Arab Light crude to Asia by 1.5$/bbl to 10.8$/bbl in September according to a Bloomberg survey.

• The OSP differential to Oman/Dubai has already increased from approximately 2$/bbl at the start year.
• Saudi Aramco are set to release the OSPs for September next week.

Source: Bloomberg