who said OPEC+ is not effective. prices over the bench mark.
The official selling price (OSP) for September-loading Arab Light to Asia was raised by 50 cents a barrel from August to $9.80 a barrel over Oman/Dubai quotes, state oil producer Saudi Aramco said on Thursday, exceeding the previous record of $9.35 per barrel set in May.
Saudi Arabia set its Arab Light OSP to northwest Europe at plus $4.70 a barrel against ICE Brent for September, and to the United States at $6.15 a barrel.