official selling price (OSP)

  • Saudi Arabia to Cut Light Crude Prices to Asia

    Saudi Arabia to Cut Light Crude Prices to Asia

    Sunday, 2nd April 2017
    The official selling price for flagship Arab light crude could be cut by $0.10-$0.40 in May.
  • Riyadh Mulls Price Hike for Crude to Asia

    Riyadh Mulls Price Hike for Crude to Asia

    Thursday, 2nd February 2017
    Saudi Arabia is expected to slightly increase the price of its crude for Asian customers in March in line with a stronger Dubai benchmark price.
  • Nigeria Cut Crude Prices

    Nigeria Cut Crude Prices

    Sunday, 23rd October 2016
    The Nigeria National Petroleum Corporation reduced the official selling price (OSP) of Nigeria’s crude oil grades as parts of a strategy to make Nigerian crude attractive to buyers and to help it regain its share of the global crude oil market.