SINGAPORE, May 4 (Reuters) - Saudi Arabia, the world's
top oil exporter, has cut the price of its June flagship crude
to Asian buyers for the first time in four months following a
plunge in refining margins.
The official selling price (OSP) for June-loading Arab Light
to Asia was reduced by 25 cents a barrel from May to $2.55 a
barrel over Oman/Dubai quotes, people familiar with the matter
said.
(Reporting by Muyu Xu; Editing by Jan Harvey)
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