Aramco priced Arab Light crude for North America at a $4.60-per-barrel premium over Argus for November
Saudi Aramco set the official selling price (OSP) for its flagship Arab Light crude for November delivery to North America at $4.60 per barrel above the Argus Sour Crude Index (ASCI).
For Western Europe, the Arab Light price was set at $0.85 per barrel above the ICE Brent price, the oil giant said in a statement received by Argaam.
The Arab Light crude grade was priced at $0.65 higher than the ICE Brent for the Europe-Mediterranean region, while the price for East Asia was set at $5.00 below the average price for Oman and Dubai benchmarks.
Arab Crude OSP for November 2026 ($/barrel)
Region
Super Light
Extra Light
Light
Average
Heavy
North America
—
+5.95
+4.6
+3.40
+2.65
West Europe
—
+2.45
+0.85
+0.05
-2.35
East Asia
-3.35
-4.50
-5.00
-6.00
-7.35
Europe (Mediterranean)
—
+2.35
+0.65
+0.05
-2.65
Aramco produces five density-based grades of crude oil: Super Light (greater than 40 degrees), Arab Extra Light (36-40), Arab Light (32-36), Arab Medium (29-32), and Arab Heavy (below 29), according to Argaam data.
Aramco priced Arab Light crude for North America at a $4.60-per-barrel premium over Argus for November
Saudi Aramco set the official selling price (OSP) for its flagship Arab Light crude for November delivery to North America at $4.60 per barrel above the Argus Sour Crude Index (ASCI).
For Western Europe, the Arab Light price was set at $0.85 per barrel above the ICE Brent price, the oil giant said in a statement received by Argaam.
The Arab Light crude grade was priced at $0.65 higher than the ICE Brent for the Europe-Mediterranean region, while the price for East Asia was set at $5.00 below the average price for Oman and Dubai benchmarks.
Arab Crude OSP for November 2026 ($/barrel)
Region
Super Light
Extra Light
Light
Average
Heavy
North America
—
+5.95
+4.6
+3.40
+2.65
West Europe
—
+2.45
+0.85
+0.05
-2.35
East Asia
-3.35
-4.50
-5.00
-6.00
-7.35
Europe (Mediterranean)
—
+2.35
+0.65
+0.05
-2.65
Aramco produces five density-based grades of crude oil: Super Light (greater than 40 degrees), Arab Extra Light (36-40), Arab Light (32-36), Arab Medium (29-32), and Arab Heavy (below 29), according to Argaam data.

