Saudi Arabia to Cut Light Crude Prices to Asia

• Sunday, 2nd April 2017
• by Editorial Team

Saudi Arabia, the biggest oil producer within the members of the Organization of Petroleum Exporting Countries (OPEC), mulls cutting its official selling price (OSP) for light crude oil exported to Asia in May, Reuter...

Riyadh Mulls Price Hike for Crude to Asia

• Thursday, 2nd February 2017
• by Dr. Mahinaz El-Baz

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, Reuters reported. The March official selling price (OSP) for flagship Ar...

Nigeria Cut Crude Prices

• Sunday, 23rd October 2016
• by Egypt Oil & Gas

The Nigeria National Petroleum Corporation’s (NNPC) General Manager, Mele Kyari, said the company reduced the official selling price (OSP) of Nigeria’s crude oil grades as parts of a strategy to make Nigerian crude at...