SINGAPORE, Feb 6 (Reuters) - Top oil exporter Saudi
Arabia has cut prices of its March Arab Medium and Heavy crudes
to Asia unexpectedly, the state oil firm said late on Sunday.
The March official selling prices (OSP) for Arab Medium
crude has been set at the Oman/Dubai average plus 25 cents, down
50 cents from the previous month, while Arab Heavy was set at
minus 85 cents, down 40 cents from February.
The kingdom's flagship Arab Light price to Asia was lowered
by 50 cents to a premium of $3.10 to Oman/Dubai.
The Arab Light OSP to the United States was cut 30 cents at
the ASCI minus 5 cents, while that to Northwest Europe was
raised 90 cents to ICE Bwave minus 85 cents a barrel.
(Reporting by Luke Pachymuthu)
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