Saudi offers more oil to Asian clients ahead of OPEC meet | Reuters:
"Saudi Arabia is offering extra crude to customers in Asia, a sign the world's largest oil exporter does not intend to cut output as it battles for market share with other top producers.
Saudi's offers of more oil come after it recently completed maintenance programs that had reduced supplies from some fields during the second quarter, traders said. The kingdom will also soon increase its Arab Extra Light crude output in an expansion of the Shaybah oilfield.
But some Asian refiners said they are not rushing to buy more Arab Extra Light after Aramco raised the oil's official selling price (OSP) by 80 cents a barrel in June, making it more expensive relative to similar Abu Dhabi grades."
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