Saudi Aramco has published its official selling prices for November 2026, according to ارقام : اخبار ومعلومات سوق الأسهم السعودي - تاسي. The state oil producer lowered the price of its Arab Light crude for Asian customers to the weakest level in six years, a move reported by Reuters, العربية, and sa.investing.com.
The size of the reduction drew attention because it ran against market expectations. العربية and annahar.com both described the cut as unexpected and as the deepest for Asian buyers in six years, while sa.investing.com characterized it as the largest discount for Arab Light to Asia since 2020. The reports did not specify the exact differential in dollars per barrel.
Official selling prices are the monthly benchmarks Aramco uses to price its crude for refiners in different regions, and the Asian market is a major destination for Saudi barrels. A discount of this scale signals how the company is positioning its supply against competing grades in the region.
The headline from ارقام : اخبار ومعلومات سوق الأسهم السعودي - تاسي covered the November pricing announcement broadly, while the other outlets focused on the Asia-specific cut for the light grade.
What to watch next: whether other Gulf producers adjust their own monthly prices for Asia in response, and how refiners and traders react to the discount when November cargoes are traded.
