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Saudi Arabia May Cut Official Oil Prices to Asia for a Third Straight Month

Saudi Arabia May Cut Official Oil Prices to Asia for a Third Straight Month

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Market expectations point to Saudi Arabia potentially lowering its official selling prices (OSPs) for crude headed to Asia for February 2026, marking a third consecutive monthly cut amid signs of ample global supply and softer spot-market signals.

Forecasts suggest Arab Light could see a modest adjustment, while other grades may remain steady or edge lower depending on regional demand and pricing benchmarks.

Saudi OSPs are closely watched across the region, influencing Asian refinery buying strategies and broader Middle East pricing trends, as markets reassess supply-demand balance heading into early 2026.