Saudi Aramco has raised official selling prices for all crude grades except heavy for customers in the US for April, and lowered prices on all grades to Europe and Asia.
Aramco increased its Arab Light the most, raising it 15 cents per barrel or 20%, the company revealed in an emailed statement. Extra light crude was raised to 95 cents above the benchmark, a 15 cent change.
The formula price of Arab Medium crude to the US rose 10 cents to $2.10 a barrel below the Argus index, while the Arab Heavy crude price fell 15 cents to a $3.30 a barrel discount.
Saudi was the fourth biggest crude exporter to the US last year, unlike in 2008, when it was the second largest, according to EIA data.
Canada, Mexico and Venezuela all shipped more crude to the US, the data shows.
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