Saudi Arabia may keep November crude prices to Asia little changed

Saudi Arabia may keep November crude prices to Asia little changed

SINGAPORE - Top oil exporter Saudi Arabia is expected to keep its November official selling prices (OSPs) little changed for Asian buyers in line with Middle East benchmarks, a survey showed on Tuesday.Seven people from various Asian refineries expect the November OSP for flagship Arab Light crude to rise by 3 cents a barrel on average from the previous month, a Reuters survey showed.Five of the seven respondents expect prices to stay unchanged or rise slightly while the remaining two expect prices to fall, the survey showed. Their price forecasts range from an increase of 20-30 cents a barrel to a reduction of 30 cents.Some of the respondents said small price hikes would track a similar rise in physical Dubai in September from August, one of two benchmarks used by