Saudi Arabia Raises October Oil Prices on All Grades
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Saudi Aramco, the world’s largest state-owned oil company, raised official selling prices for all crude grades for customers in Asia, the U.S., Northwest Europe and the Mediterranean Sea for October.
The formula price of Arab Super Light crude rose the most among grades to Asia, increasing by 75 cents a barrel to a premium of $1 above the benchmark Dubai price assessment published by Platts, a person familiar with the rates said.