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Saudi Arabia sets October Arab Light OSP to Asia at minus $2

Saudi Arabia set October Arab Light crude oil OSP to Asia at $2 a barrel below the Oman/Dubai average, leaving the previous month’s minus $2 level unchanged.

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Saudi Arabia has set the October Arab Light crude oil official selling price to Asia at $2 a barrel below the Oman/Dubai average, a pricing document reviewed showed on Thursday.The OSP for the previous month was also minus $2 a barrel, which was the lowest level since June 2020.The kingd…