VOL. XXXV
NO. 23
9 MARCH 1992
Oil Prices
Saudi Arabia Narrows Light/Heavy Differentials in April Price Formulas
Saudi Aramco has introduced a significant narrowing of light/heavydifferentials in its April price formulas, with the spread between Arab Lightand Arab Heavy being contracted by between 20 and 30 cents/B according todestination. This is understood to be in line with narrowing light/heavy pricespreads in both crude and product markets (with fuel oil prices holding upbetter than those...
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