Saudi Arabia raises December Arab Light crude prices to Asia - Reuters

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A view shows branded oil tanks at Saudi Aramco oil facility in Abqaiq, Saudi Arabia October 12, 2019. REUTERS/Maxim Shemetov/File Photo

Nov 5 (Reuters) - Saudi Arabia's state oil producer Aramco (2222.SE) raised its December official selling price (OSP) to Asia for its flagship Arab light crude to $2.70 a barrel versus Oman/Dubai crude, up $1.40 from November, the company said on Friday.

The company set the Arab Light OSP to Northwestern Europe at a discount of 30 cents a barrel over ICE Brent and to the United States at plus $1.75 per barrel over ASCI (Argus Sour Crude Index).

Reporting by Brijesh Patel in Bengaluru Editing by Marguerita Choy

Our Standards: The Thomson Reuters Trust Principles.

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