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Saudi April OSP hikes reasonable in current volatile market: traders | Hellenic Shipping News Worldwide

Saudi Aramco hiked official selling prices for its Asia-bound crude higher than the rise in the Dubai structure last month though market participants deemed the increase to be within expectations, given the ongoing volatility due to the Russia-Ukraine conflict, sources told S&P Global Commodity Insights March 7. Aramco, in a March 5 notice, raised the ...
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Saudi Aramco raises April crude OSPs to Asia, Europe, US | Hellenic Shipping News Worldwide

Saudi Aramco raised official selling prices across the board for April-loading cargoes, with Asia-bound barrels seeing the largest increases between $2.15/b and $2.70/b, according to a pricing document released by Saudi Aramco on March 4. The stronger OSPs follow the recent rally in crude futures prices, including the Dubai sour complex, which have jumped following ...
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