Saudi Arabia lowered the February official selling prices (OSPs) for the flagship Arab light crude it sells to Asia to plus $1.80 a barrel versus the Oman/Dubai average, a source with knowledge of the matter told Reuters on Thursday.
The price is $1.45 a barrel less than the January OSP.
Source: Reuters (Reporting by Brijesh Patel in Bengaluru; Editing by Jon Boyle and Mark Potter)