In November, Saudi Arabia will slightly increase prices for “light” oil for buyers from Asia, the state company Saudi Aramco (SE: 2222) said.
The most significant rise in price is for Arab Super Light – by $ 0.3 per barrel. As a result, it will cost $ 0.85 per barrel more than a basket of oil from Oman and Dubai.
At the same time, for American clients next month, the cost of all types of oil will not change, with the exception of Arab Extra Light, which will fall in price by $ 0.1 per barrel.
For buyers from the Mediterranean countries, the oil price has been reduced by $ 0.3-0.5 per barrel.