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Saudi Arabia cuts the official price of light crude oil in the Asian market in October, the European and American prices remain unchanged

 Last Update: 2021-09-12
 Source: Internet
 Author: User

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Foreign News reported on September 5 that Saudi Arabia lowered the official price of light crude oil for customers in Asia in October, but kept the prices in Northwestern Europe and the United States unchanged
.

Saudi Aramco lowered the October Far East market light crude oil spread to a premium of US$1.
7 per barrel from the average Oman/Dubai crude oil price.
The price difference in September was US$3 per barrel
.

The spread of light crude oil in the Northwestern Europe market maintained a discount of US$1.
7 per barrel to ICE Brent crude oil; the spread of light crude oil in the US market maintained a premium of US$1.
35 per barrel to Argus Sour Sour Crude Oil (ASCI)
.

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