Saudi Arabia may lower the crude oil prices for Asia in October.

According to the median estimate from the survey of four traders and refiners, Saudi Aramco may cut the official selling price of Arab Light crude oil for October delivery to Asia by $0.85 per barrel. Compared to the $0.2 per barrel increase in September, the estimated price differential between Arab Light and Oman-Dubai Benchmark crude oil for October is $1.15 per barrel. Specifically, one respondent expects a $1 per barrel decrease, two respondents expect a range between $0.80 and $0.90 per barrel, and one respondent expects a $0.50 per barrel decrease.