Signal · Geopolitical Risk

‎Saudi Aramco sets Arab crude OSP for October

Argaam - Main News Trade press Published 3rd September 2026 Saudi Arabia

What the source reported

Source-reported

‎<img src="https://argaamplus.s3.amazonaws.com/4867e57f-64f4-4922-b6b8-416604f9268c.png" > <hr> Saudi Aramco set the official selling price (OSP) for its Arab Light crude for October delivery to North America at $4.6 per barrel above the Argus Sour Crude Index (ASCI). For Western Europe, the Arab Light price was set at $2.15 per barrel below the ICE Brent price, the oil giant said in a statement received by Argaam. The Arab Light crude grade was priced at $2.35 below the ICE Brent for Europe and the Mediterranean, while the price for East Asia was set at $2.00 below the average price for Oman and Dubai. <table align="center" border="1" cellpadding="0" cellspacing="0" width="100%"> <tbody> <tr > <td colspan="6" > Arab Crude OSP for October 2026 ($/barrel) </td> </tr> <tr > <td > Region </td> <td > Super Light </td> <td > Extra Light </td> <td > Light </td> <td > Average </td> <td > Heavy </td> </tr> <tr > <td > North America </td> <td > -- </td> <td > + 5.95 </td> <td > + 4.60 </td> <td > + 3.40 </td> <td > + 2.65 </td> </tr> <tr > <td > West Europe </td> <td > -- </td> <td > - 0.55 </td> <td > - 2.15 </td> <td > - 2.95 </td> <td > - 5.35 </td> </tr> <tr > <td > East Asia </td> <td > - 0.35 </td> <td > - 1.50 </td> <td > - 2.00 </td> <td > - 1.00 </td> <td > - 2.35 </td> </tr> <tr > <td > Europe (Mediterranean) </td> <td > -- </td> <td > - 0.65 </td> <td > - 2.35 </td> <td > - 2.95 </td> <td > - 5.65 </td> </tr> </tbody> </table> <div > Aramco produces five density-based grades of crude oil: Super Light (greater than 40 degrees), Arab Extra Light (36-40), Arab Light (32-36), Arab Medium (29-32), and Arab Heavy (below 29), according to Argaam data. </div>

Publication: Argaam - Main News · Trade Publication
Published: 3rd September 2026
Original report: argaam.com

ProcIntel stores what the source published in its feed — a headline, a summary and a link. It does not store or reproduce the full article.

What ProcIntel recorded

ProcIntel-derived

Category: Geopolitical Risk
Geography: Saudi Arabia
Organisations: None identified
Collected: 3rd September 2026 · 22:20

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

A provisional, automatically computed reading of this individual Signal, before Event extraction or human review. Not a final rating.

Significance 2 · Moderate

Confidence 2 · Low

Initial Significance Moderate (22.0/100). Strongest contributor: Procurement Impact (6.0/30 points). Limiting factor: Likely Event Severity (3.0/30 points). Initial Confidence Low (31.5/100, data sufficiency: Partial). Strongest contributor: Source Authority (20.0/40 points). Limiting factor: Corroboration (2.5/25 points).

Strongest contributor: Procurement Impact
Limiting factor: Likely Event Severity

What the source reported

What ProcIntel recorded

Initial assessment ⓘMore about Initial Signal AssessmentProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.

Initial assessment ProcIntel's automatic, provisional read of this individual Signal -- Initial Significance and Initial Confidence, computed deterministically before any Event extraction or human review.