Top oil exporter Saudi Arabia has raised the prices for most of its crude to Asia in September after announcing an extension of its voluntary production cut for another month.
Saudi Arabia increased the official selling price for September Arab light crude to Asia by 30 cents a barrel from August to $3.50 a barrel over the Oman/Dubai average, state oil giant Aramco said in a statement on Saturday.
The OSP to Europe was also hiked by $2 a barrel to $5.80 for September versus ICE Brent while to North America it was unchanged at $7.25 versus ASCI.would be extended to include September, adding it could be extended beyond that or deepened.Reporting by Maha El Dahan Editing by Helen Popper
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