Saudi Aramco Raises November Crude Prices to Asia

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Saudi Aramco, the world’s largest state-owned oil company, increased November official selling prices for all crude grades for customers in Asia and on light and medium blends to the U.S.

The company raised the formula price for Arab Super Light crude to Asia the most, increasing it by 90 cents a barrel to $1.90 a barrel above the benchmark Dubai price assessment published by Platts, Aramco said in an e-mailed statement today.