Saudi Aramco announces official pricing plan for Arab Light crude oil for November

智通财经2026/10/04 22:16

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Saudi Aramco has announced its official crude oil pricing scheme: for November 2024, the official selling price (OSP) for Arab Light crude exported to the Asian market is set at a discount of $5 per barrel compared to the Oman/Dubai crude average; for exports to the Northwest European market, the OSP for Arab Light is set at a premium of $0.85 per barrel over ICE Brent crude; for the US market, the OSP for Arab Light is set at a premium of $4.60 per barrel over the Arab Light benchmark. As the world's largest oil exporter, Saudi Aramco's monthly crude oil OSPs serve as a key pricing reference for international oil trade, directly influencing the pricing structure for Middle Eastern and global oil trade. These announcements are also closely watched by the market as important signals of oil supply and demand dynamics and the export strategies of oil-producing countries.

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