Saudi Aramco’s oil tanks
Saudi Aramcoset the official selling price (OSP) for its Arab Light crude for July delivery to North America at $3.5 per barrel above the Argus Sour Crude Index (ASCI). 
For Western Europe, the Arab Light price was set at $3.25 per barrel above ICE Brent, according to a statement toArgaam.
The Arab Light crude grade was priced $3.05 above the ICE Brent for Europe and the Mediterranean. In addition, the price for East Asia was set at $1.20 more than the average of the Oman and Dubai benchmarks,as shown below:
ArabCrudeOSP forJuly2025($/barrel)
Region
Super Light
Extra Light
Light
Medium
Heavy
North America
—
+5.75
+3.50
+3.50
+3.05
West Europe
—
+4.85
+3.25
+2.45
+0.05
East Asia
+1.75
+1.00
+1.20
+0.75
–0.30
Europe (Mediterranean)
—
+4.75
+3.05
+2.45
–0.25
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 toArgaam’sdata.
Saudi Aramco’s oil tanks
Saudi Aramcoset the official selling price (OSP) for its Arab Light crude for July delivery to North America at $3.5 per barrel above the Argus Sour Crude Index (ASCI).
For Western Europe, the Arab Light price was set at $3.25 per barrel above ICE Brent, according to a statement toArgaam.
The Arab Light crude grade was priced $3.05 above the ICE Brent for Europe and the Mediterranean. In addition, the price for East Asia was set at $1.20 more than the average of the Oman and Dubai benchmarks,as shown below:
ArabCrudeOSP forJuly2025($/barrel)
Region
Super Light
Extra Light
Light
Medium
Heavy
North America
—
+5.75
+3.50
+3.50
+3.05
West Europe
—
+4.85
+3.25
+2.45
+0.05
East Asia
+1.75
+1.00
+1.20
+0.75
–0.30
Europe (Mediterranean)
—
+4.75
+3.05
+2.45
–0.25
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 toArgaam’sdata.
