Saudi Aramco’s oil tanks
Saudi Aramco set January official selling price (OSP) for its flagship Arab Light crude to North America at $3.8 per barrel above the Argus Sour Crude Index (ASCI). 
The Arab Light price differential for buyers in West Europe has been set at $1.25 below the ICE Brent, according to an emailed statement from Aramco to Argaam.
The Arab Light crude grade was priced $1.35 below the ICE Brent for Europe and the Mediterranean, while the price for East Asia was set at $0.9 above the average of the Oman and Dubai benchmarks.
ArabCrudeOSP forJanuary2025($/barrel)
Region
Super Light
Extra Light
Light
Medium
Heavy
North America
—
+6.05
+3.80
+4.10
+3.75
West Europe
—
+0.35
1.25
2.05
4.45
East Asia
+1.75
+0.90
+0.90
+0.25
0.90
Europe (Mediterranean)
—
+0.35
1.35
1.95
4.65
Aramco produces five grades of crude: Super Light, Arab Light, Arab Extra Light, Arab Medium, and Arab Heavy, according toArgaamdata.
The Arab Super light crude is characterized by a density of more than 40, while the Arab Extra light is characterized by a density ranging between 36 and 40. The Arab Light has a density between 32 and 36, the Arab Medium crude has a density between 29 and 32 degrees, and the Arab Heavy has a density of less than 29 degrees.
Saudi Aramco’s oil tanks
Saudi Aramco set January official selling price (OSP) for its flagship Arab Light crude to North America at $3.8 per barrel above the Argus Sour Crude Index (ASCI).
The Arab Light price differential for buyers in West Europe has been set at $1.25 below the ICE Brent, according to an emailed statement from Aramco to Argaam.
The Arab Light crude grade was priced $1.35 below the ICE Brent for Europe and the Mediterranean, while the price for East Asia was set at $0.9 above the average of the Oman and Dubai benchmarks.
ArabCrudeOSP forJanuary2025($/barrel)
Region
Super Light
Extra Light
Light
Medium
Heavy
North America
—
+6.05
+3.80
+4.10
+3.75
West Europe
—
+0.35
1.25
2.05
4.45
East Asia
+1.75
+0.90
+0.90
+0.25
0.90
Europe (Mediterranean)
—
+0.35
1.35
1.95
4.65
Aramco produces five grades of crude: Super Light, Arab Light, Arab Extra Light, Arab Medium, and Arab Heavy, according toArgaamdata.
The Arab Super light crude is characterized by a density of more than 40, while the Arab Extra light is characterized by a density ranging between 36 and 40. The Arab Light has a density between 32 and 36, the Arab Medium crude has a density between 29 and 32 degrees, and the Arab Heavy has a density of less than 29 degrees.
