Saudi Arabia cuts Arab Light June OSP for Asia

ReutersMay 5, 2026 7:40 PM

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May 5 (Reuters) - Saudi Arabia has set the June Arab Light crude oil official selling price to Asia at $15.50 a barrel above the Oman/Dubai average, down from the previous month, Saudi Aramco said in a statement on Tuesday.

The OSP premium for the previous month was $19.50 a barrel.

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