It also set the selling price for Northwest Europe In November, at a discount of $0.45 to Brent crude.
The selling price was set to US At a premium of $3.90 over the sour Argus Crude Index price in November.
And it was Saudi ArabiaThe world’s largest oil exporter, last August, raised the official selling price of its Arab Light crude, which it sells to Asia in September, for the first time in three months, while reducing the selling price to other regions.
Company said Aramco Saudi Arabia said in a statement at the time that the Kingdom raised the price of Arab Light crude that it sells to Asia in September by 20 cents to two dollars per barrel above the Oman/Dubai average.
Saudi Arabia also raised the selling prices of other light crudes sold to Asia, but kept the prices of Arab medium and heavy crudes unchanged.
