Saudi Arabia raises Sept crude prices to Asia


Saudi Arabia raised on Wednesday the September official selling prices for all crude grades it sells to Asia for a second month, three sources with knowledge of the matter said.

The OSP for flagship Arab Light crude to Asia rose 30 cents to $3 a barrel above the average of Platts Dubai and DME Oman, they said.

The price hike was within expectations seen in a Reuters survey on Friday.

Source: Reuters