Aug 4 (Reuters) - Top oil exporter Saudi Arabia has

raised the price for the flagship Arab light crude it sells to

Asia in September by 20 cents to $2 a barrel above the

Oman/Dubai average, Saudi Aramco said in a statement on Sunday,

marking the first increase in three months.

A meeting of top OPEC+ ministers on Thursday kept the

oil exporting group's output policy unchanged, including a plan

to start unwinding one layer of output cuts from October, and

repeated that the move could be paused or reversed if needed.

OPEC+ is currently cutting output by a total of 5.86

million barrels per day, or about 5.7% of global demand, in a

series of steps agreed since 2022 to bolster the market amid

uncertainty over global demand and rising supply outside the

group.

State-owned Aramco sets its crude prices based on

recommendations from customers and after calculating the change

in the value of its oil over the past month, based on yields and

product prices.

Aramco officials as a matter of policy do not comment on

the kingdom's monthly official selling price.