Saudi Arabia cuts February crude prices to Asia to 3-month low – Reuters

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Saudi Arabia cuts February crude prices to Asia to 3-month low – Reuters

Register now for FREE unlimited access to Reuters.comPrices for all crude grades to Asia drop at least $1/bblPrice cuts not deep enough – trade sourcesAramco cuts prices to NW Europe, unchanged to the U.S.

SINGAPORE, Jan 6 (Reuters) – The world’s top oil exporter, Saudi Arabia, has cut February’s official selling price (OSP) to Asia for its Arab light crude to plus $2.20 a barrel versus Oman/Dubai crude.

The February OSP to Asia for the Arab light grade is the lowest in three months.