RIYADH: For the fifth consecutive month, Saudi Aramco raised the November official selling prices for the flagship Arab light crude it sells to Asia to plus $4 a barrel versus the Oman/Dubai average, the oil company announced on Thursday.
The top oil exporter set its Arab Light OSP to Northwest Europe at $7.20 a barrel against ICE Brent for October and to the US at $7.45 versus ASCI.
Saudi Arabia and Russia on Wednesday extended their voluntary oil cuts to the end of the year.
The Kingdom will continue the voluntary cut of 1…
