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Saudi Arabia expected to raise Feb crude prices for Asia -survey - Vimarsana News

Saudi Arabia expected to raise Feb crude prices for Asia -survey

Saudi Arabia expected to raise Feb crude prices for Asia -survey Middle East & Africa Shu Zhang SINGAPORE (Reuters) - Top oil exporter Saudi Arabia is expected to raise its official selling prices (OSPs) for Asian buyers for a second straight month in February, tracking stronger benchmark prices and product cracks, a Reuters survey showed on Wednesday. Three sources at Asian refiners expect the February OSP for the flagship grade Arab Light to rise by 33 cents a barrel on average, with their forecasts ranging between an increase of 30 cents and 40 ce...