Saudi Arabia keeps December Arab Light crude oil price to Asia steady from November: Sources

Saudi Aramco has kept its December official selling price for its Arab Light grade for Asian customers steady at $4 a barrel premium to the Oman/Dubai average from the previous month, two sources with knowledge of the matter said on Monday.

The price change for the Saudi flagship grade is in line with market expectations.

Saudi term crude supplies to Asia are priced as a differential to the Oman/Dubai average: Crude DEC CHANGE NOV Super Light 0.00 +5.45 +5.45 Extra Light +4.05 +3.35 +0.70 Light 0.00 +4.00 +4.00 Medium +3.35 +3.45 -0.10 Heavy +2.00 +0.30 +1.70