4 December 2025: 16:30 GMT
OSPs came early! The Kingdom decided to surprise us on another quiet day and announce their OSPs for January. The Saudis didn’t disappoint and delivered what the change in Dubai structure implied – a 40c cut for Arab Light to Asian destinations, bringing the OSP down to just 60c over the Oman and Dubai average. This is the lowest since 2020 folks! Cuts were seen across all grades: Arab Extra Light was trimmed by 20c to $1.10, while Arab Medium and Arab Heavy were cut by 60c to -55c and -$1.90, respectively.
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