Saudi Arabia raises July crude oil prices to Asia

      Published on Monday, 3 June , 2019      212 Views     
Saudi Arabia raises July crude oil prices to Asia

  • Business

Saudi Aramco has raised its July price for its Arab Light grade for Asian customers by $0.60 a barrel versus June to a premium of $2.70 per barrel to the Oman/Dubai average, the state oil company said on Sunday.

It cut its July Arab Light OSP for Northwest Europe, setting it at a discount of $1.10 a barrel to ICE Brent, down $1.10 a barrel from June.




The Arab Light OSP to the United States was set at a premium of $2.75 a barrel to the Argus Sour Crude Index (ASCI) for July, down 30 cents a barrel from the previous month.



The tables below show the full FOB prices for July in U.S. dollars. Saudi term crude supplies to the United States are priced as a differential to the Argus Sour Crude Index (ASCI). UNITED STATES July-June CHANGE EXTRA LIGHT +4.60 +4.30 +0.30 LIGHT +2.75 +3.05 -0.30 MEDIUM +1.15 +1.45 -0.30 HEAVY +0.30 +0.60 -0.30
Prices at Ras Tanura destined for Northwest Europe are set against ICE Brent: NW EUROPE July June CHANGE EXTRA LIGHT +0.45 +1.45 -1.00 LIGHT -1.10 0.00 -1.10 MEDIUM -2.45 -1.25 -1.20 HEAVY -4.00 -3.00 -1.00
Saudi term crude supplies to Asia are priced as a differential to the Oman/Dubai average: ASIA July June CHANGE SUPER LIGHT +4.85 +4.55 +0.30 EXTRA LIGHT +3.20 +2.70 +0.50 LIGHT +2.70 +2.10 +0.60 MEDIUM +1.95 +1.45 +0.50 HEAVY +0.75 +0.15 +0.60
Prices at Ras Tanura for Saudi oil destined for the Mediterranean are set against the ICE Brent: MEDITERRANEAN July June CHANGE EXTRA LIGHT +0.80 +0.80 0.00 LIGHT -0.10 +0.30 -0.40 MEDIUM -1.55 -1.45 -0.10 HEAVY -2.50 -2.30 -0.20

Keywords:
Category Business | 2019/06/03 latest update at 6:00 PM
Source : Internet | Photocredit : Google
213 Views
Comments Add comment



Gulf Media

Related Articles

The editorial staff of Saudi Arabia Today would like to give all of its readers from Gulf and Saudi Arabia and the whole world the opportunity to participate actively in the development of the website! If you have something interesting, fun, scandalous - just something worth to be seen from more people. Capture it and share it in the Saudi Arabia Today with a short text.

Do you have information you want to reach our readers?

Send article/s

You can subscribe to our Facebook, Twitter and Google pages or use our RSS feed channel to always read the most important news about Saudi Arabia, the Gulf and the world.


Sponsored Publications



Custodian of the Two Holy Mosques receives GCC Secretary General King

Custodian of the Two Holy Mosques receives GCC Secretary General

The Custodian of the Two Holy Mosques King Salman bin Abdulaziz Al Saud received here today the Secretary…

Saudi Arabia Underlines Harmony with UAE for Interests of their People, Region King

Saudi Arabia Underlines Harmony with UAE for Interests of their People, Region

The Saudi cabinet hailed on Tuesday the visit paid to the United Arab Emirates last week by Crown…

Saudi king hosts CIA chief Gina Haspel for talks King

Saudi king hosts CIA chief Gina Haspel for talks

Saudi Arabia’s King Salman hosted the Central Intelligence Agency’s director Thursday, state media said, after three people were…

Saudi Arabia, Palestinians Agree on Joint Business Council Events

Saudi Arabia, Palestinians Agree on Joint Business Council

Saudi Arabia and the Palestinians agreed on Thursday to establish a joint economic committee and a business council,…

GULF TV

Popular in GULF TV

PIRELLI “DREAMING” – THE CAL 2019 making of Full Version | Fashion Channel

2560 Views

A photographic tale of the aspirations of four women and their determination to achieve their goals, each one…

Latest videos in GULF TV

Events

Lifestyle

Culture

Sport

Science & Technology

Government