KSA raises OSP for June | KSA raises OSP for June -

KSA raises OSP for June

: Sunday, April 06 - 2014 @ 08:28

Traders have said that Saudi Arabia raised the latest official selling prices (OSP) for its grades, largely in line with expectations, pointing to a stable and well supported June-loading market, Reuters has reported. Saudi Aramco raised the May OSP of its flagship Arab Light grade to Asia by 30 cents a barrel, setting it at $1.85 per barrel above the Oman/Dubai average. The price of the Arab Medium grade was also raised 30 cents a barrel, to 15 cents below the same average, said the traders.

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Sunday, April 6- 2014 @ 8:28 UAE local time (GMT+4) Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of Mediaquest FZ LLC.

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