Saudi Arabia, the world’s top oil exporter, on Wednesday raised its September crude prices for Asian buyers for a second consecutive month, citing tight supply and strong demand. State oil giant Aramco lifted the official selling price (OSP) for its flagship Arab Light crude by USD 1 to USD 3.20 per barrel above the Oman/Dubai average. Prices for other grades - Arab Extra Light, Medium, and Heavy - rose by 70 cents to USD 1.20. According to Reuters, an Indian refiner suggested the increase may reflect expectations of stronger Indian demand after the U.S. imposed a 25% tariff on Indian goods over continued imports of Russian oil. Aramco also raised prices for U.S. buyers but cut them for Europe. The move comes after OPEC+ agreed to a 547,000 barrels per day output hike in September, though traders say the market remains tight. Aramco’s monthly pricing decisions help set the tone for around 9 million barrels per day of crude exports to Asia.