Saudi Arabia lowers Arab Light July OSP for Asia

ReutersJun 4, 2025 2:32 PM

June 4 (Reuters) - Saudi Arabia has lowered the official selling price (OSP) for its flagship Arab light crude it sells to Asia in July to $1.20 a barrel above the Oman/Dubai average, according to a pricing document seen by Reuters on Wednesday.

The OSP premium for June was $1.40 a barrel.

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

Recommended Articles

Big Short Burry’s Precise Strike, Trump Personally Saves the Day, Can Palantir’s Stock Price Hold Steady?

TradingKey - Palantir (PLTR) is currently embroiled in an intense bull-bear debate. While renowned short-seller Michael Burry’s high-profile bearish stance has sparked market volatility, former U.S. President Donald Trump has personally voiced his support, further escalating the controversy surrounding the company’s valuation and future competitiveness.

U.S.-Iran Saturday Pakistan Talks Preview: What Is the Impact on Assets If Negotiations Fail?

TradingKey — Following five weeks of military conflict, the U.S. and Iran are scheduled to formally launch their first round of direct talks on the morning of April 11, local time, in Islamabad, Pakistan. This marks the third set of negotiations between the two nations within a year. During the previous two negotiation processes, sudden military actions were launched by the U.S. and Israel against Iran.

Coinbase Stock Price Prediction 2026–2030: Is a $1,000 Target Realistic?

Coinbase is currently navigating a "tempestuous two-step" between retail speculation and institutional infrastructure. For those tracking the Coinbase share price, the short term will remain sensitive to Bitcoin’s cycles and geopolitical headlines.

Anthropic Claude Mythos Preview Sparks Wall Street Panic: Bessent, Powell Summon CEOs; Cloudflare Tumbles 8%

TradingKey - According to the latest Bloomberg report, U.S. Treasury Secretary Bessent and Federal Reserve Chair Jerome Powell urgently convened a meeting with the CEOs of major Wall Street banks this Tuesday to discuss potential cybersecurity threats posed by Anthropic's latest AI model, Mythos. Th

Bitcoin Price Prediction 2029-2035: Institutional Accumulation and the U.S. Treasury’s Strategic Reserve Pivot

Explore the 2026 Bitcoin landscape: From the U.S. Strategic Reserve and Michael Saylor’s $75B war chest to Cathie Wood’s 2030 forecast. Is BTC the new Digital Gold?

Featured Tools