(Reuters) - Saudi Arabia’s state oil producer Aramco lowered its December official selling price (OSP) for its Arab Light crude to Asia by $0.10 a barrel, setting it at a minus $0.50 per barrel versus the Oman/Dubai average, according to a document seen by Reuters on Thursday.
Aramco was expected to maintain or slightly cut its December OSPs for Asian buyers, according to a Reuters survey.
The company set the Arab Light OSP to Northwestern Europe at a discount of $1.40 a barrel over ICE Brent, up $0.60 from November and to the United States at plus $0.85 per barrel over ASCI (Argus Sour Crude Index), down $0.20 from the previous month.
Reporting by Sumita Layek, Swati Verma and Asha Sistla in Bengaluru; Editing by Jon Boyle and Edmund Blair
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