Saudi Aramco raises August crude oil prices to Asia

Saudi Aramco has raised the August price for its flagship Arab Light grade for Asian customers by $1 a barrel from July to a premium of $1.20 a barrel to the Oman/Dubai average, Report informs, two sources told Reuters on Monday citing pricing documents.

The tables below show the full FOB costs for August in U.S. dollars. Saudi term crude supplies to Asia are priced as a differential to the Oman/Dubai average:

Crude AUGUST JULY CHANGE

Super Light 2.65 1.65 +1.00

Extra Light 1.20 0.20 +1.00

Light 1.20 0.20 +1.00

Medium 1.20 0.20 +1.00

Heavy 0.90 -0.10 +1.00