The kingdom raises official selling prices for oil in August

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Dot Gulf – Reuters:


The giant national oil company, Aramco, said in a statement that it has raised the official selling prices for its light Arab crude in shipments to all destinations.

The kingdom set the official selling price to Asia at $ 1.20 a barrel, so the average Oman / Dubai and to the United States at $ 1.65 a barrel above the Argus index of high-sulfur.

And increased the official selling price to northwestern Europe to become $ 0.70 a barrel over Brent on the Intercontinental Exchange.


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