Saudi Aramco Raises Asia Crude Price, Trims Europe Differential for September

Saudi Aramco lifted the official selling price of its flagship Arab Light crude for September deliveries to Asia by $1 a barrel, setting the premium at $3.20 over the Oman/Dubai benchmark. The move marks the second straight monthly increase and underscores the producer’s confidence in Asian demand as OPEC+ members continue to add supply. Pricing adjustments were mixed elsewhere. The company trimmed the Arab Light differential for Northwest Europe by $1.30 a barrel, leaving it at $3.35 above the Brent Weighted Average, while raising the premium for U.S. buyers by $0.30 to $4.20 over the Argus Sour Crude Index. The changes refine Aramco’s regional strategy as it balances higher output with varying demand patterns across its main markets.