Saudi Arabia has increased its crude oil official selling prices (OSP) for August, Reuters reported.

Accordingly, heavy, medium, and light crude oil intended for Asia will increase $0.8 per barrel – compared to July prices.

Also, super light crude oil will be raised by $1/b, S&P Global Platts said.

Meanwhile, all grades of crude oil OSP for Northern Europe will go up by $0.8/b.

OSPs of light crude oil sold for the Mediterranean countries will rise as well by $0.6 per barrel, while heavy crude oil OSP’s will increase by $0.7/b.

Furthermore, the kingdom will increase OSPs of US-bound crude oil OSPS by $0.2/b.