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OIL OSPS
Abu Dhabi proposes new oil-pricing system to mirror wider marketAbu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...- Rising input costs continue to pressure Reliance’s O2C business: Yogesh PatilReliance Industries navigates tough market conditions. Refining margins face volatility due to rising costs. Global crack spreads show impr...
- Saudi Arabia may cut crude oil prices for Asia in OctoberSaudi Arabia is likely to reduce prices for most crude grades sold to Asia in October, following a decline in the Middle East benchmark Dub...
- Indian refiner BPCL sees further cuts in oil OSPs as fuel margins dropBharat Petroleum Corp, India's third-largest refiner, anticipates Middle Eastern crude producers to reduce official selling prices due to d...
- Saudi works to boost oil demand despite climate pledges: ReportSaudi Arabia is allegedly artificially stimulating oil demand despite publicly supporting a transition away from fossil fuels, according to...
- Oil buyers reel from OPEC+ cuts as they explore alternativesThe shock decision from Riyadh and some of its partners came just before the release of Saudi Arabian Oil Co.’s official selling prices, or...
- Saudi Arabia may cut October crude prices for AsiaState oil giant Saudi Aramco could cut the official selling price (OSP) for its flagship Arab Light crude by about $4.50 a barrel in Octobe...
- Saudi Arabia cuts February crude prices to Asia to 3-month lowPrices for all crude grades to Asia drop at least $1/bbl
- Saudi Arabia cuts February crude prices to Asia -sourcesState oil giant Saudi Aramco set the February OSP for Arab Light crude at $2.20 a barrel above the average of Oman/Dubai quotes, down $1.10...
- Asian oil buyers fret over margin impact of cancelled OPEC+ meetingThey are now awaiting Saudi Arabia's official selling prices (OSPs), which were delayed until after the OPEC+ meeting and set the tone for ...
- Saudi Arabia expected to cut June crude prices for Asia: SurveySources at five Asian refiners expected the June OSP for flagship Arab Light crude to decrease by an average of 28 cents a barrel, which wo...
- Saudi Arabia expected to raise February crude prices for Asia: SurveyThree sources at Asian refiners expect the February OSP for the flagship grade Arab Light to rise by 33 cents a barrel on average, with the...
- Saudi Arabia may raise Asia crude prices in January - surveySix sources at Asian refiners expect the January OSP for Saudi flagship crude grade Arab Light to rise by 65 cents a barrel on average, wit...
- Saudi Arabia may cut or keep Asia crude prices steady in December: SurveySaudi crude OSPs are usually released around the fifth of each month, and set the trend for Iranian, Kuwaiti and Iraqi prices, affecting mo...
- Saudi Arabia ups August crude prices to AsiaSaudi Arabia has set the August price to Asia at plus $1.20 a barrel versus the Oman/Dubai average, Aramco said in a statement on Monday.
- Saudis raise July Arab light crude official selling price to Asia by $6.10: DocumentIt has also raised the July OSP of its Arab light crude oil to the United States, setting it at a premium of $1.35 per barrel over ASCI (Ar...
- Saudi Arabia may raise July oil prices to Asia: SurveySaudi Arabia is expected to increase the July OSP for Arab Light crude by $3.80 a barrel on average.
- Saudi Arabia cuts May crude prices to Asia by $4.2 per barrelSaudi Arabia's state oil giant Aramco has set the May price for its Arab light crude oil to Asia at a discount of $7.3 to the Oman/Dubai av...
- Saudi Arabia delays May crude prices until after Opec+ meeting: SourceSaudi Aramco typically issues its OSPs by the 5th of each month.
- Saudi Arabia offers more oil to Asian clients ahead of OPEC meetOne of the things that will come into play is whether they will start cutting OSPs to attract customers and keep volumes intact," said oil ...
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