Americas crude:Aramco OSPs hit hard

摘要

US Gulf Coast sours weakened progressively following the release of Saudi Aramco's official selling prices for US-bound crudes for September loading after having starting on a firm note in line with the sweet complex,market sources said Wednesday.Both prompt September and forward delivery prices came under pressure,although the Saudi oil would arrive into the US only in October,after taking into account a 35-40 day journey.Saudi Aramco cut prices in Arab Light,Medium and Heavy crude by 3O-85 cts/bbl,but rolled over prices for Arab Extra Light (see story page 11).