Off The Wire
UPDATE 1-Saudi Arabia raises July crude oil prices to Asia
Prices at Ras Tanura destined for Northwest Europe are set against ICE Brent: NW EUROPE July June CHANGE EXTRA LIGHT +0.45 +1.45 -1.00 LIGHT -1.10 0.00 -1.10 MEDIUM -2.45 -1.25 -1.20 HEAVY -4.00 -3.00 -1.00
Saudi term crude supplies to Asia are priced as a differential to the Oman/Dubai average: ASIA July June CHANGE SUPER LIGHT +4.85 +4.55 +0.30 EXTRA LIGHT +3.20 +2.70 +0.50 LIGHT +2.70 +2.10 +0.60 MEDIUM +1.95 +1.45 +0.50 HEAVY +0.75 +0.15 +0.60
Prices at Ras Tanura for Saudi oil destined for the Mediterranean are set against the ICE Brent: MEDITERRANEAN July June CHANGE EXTRA LIGHT +0.80 +0.80 0.00 LIGHT -0.10 +0.30 -0.40 MEDIUM -1.55 -1.45 -0.10 HEAVY -2.50 -2.30 -0.20
(Reporting by Rania El Gamal, writing by Hadeel Al Sayegh; editing by David Evans)
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