Saudi Aramco has cut its May price for its Arab Light grade for Asian customers by $0.10 a barrel versus April to a discount of $0.85 a barrel to the Oman/Dubai average, it said.
The company has kept its Arab Light OSP to Northwest Europe unchanged for May from the previous month at a discount of $4.60 a barrel to the Brent Weighted Average (BWAVE).
The Arab Light OSP to the United States was set at a premium of $0.35 a barrel to the Argus Sour Crude Index (ASCI) for May, up $0.40 a barrel from the previous month.
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