04/05/2011
Saudi Aramco Raises Most June OSPs To NW Europe, Asia
State-owned Saudi Arabian Oil Co., Saudi Aramco, has raised most of its official selling prices for June term supply of crude oil to Northwest Europe and Asia, it said in an official notice received Tuesday.
Aramco also raised OSPs for its light crudes slated for term supply to the U.S., but cut prices for its medium and heavy crude being shipped to the country. Saudi June term supplies to the Mediterranean were treated similarly, with extra light prices raised while medium and heavy OSPs were cut.
