NO. 32


Oil Prices

Saudi Arabia Again Raises Medium/Heavy Crude Price Formulas to US

Saudi Aramco has raised for the third consecutive month the prices of bothArab Medium and Arab Heavy crudes destined to the US. The price formulas for allother crudes to the US, NW Europe and the Far East remain unchanged, includingthe prices of Arab Medium and Arab Heavy to Europe and the Far East which hadbeen raised during each of the past two months (MEES, 6 April). Arab Medium andHeavy...