VOL. XXXV
NO. 38
22-JUNE-1992
Oil Prices
Kuwait Price Formula in 3Q
Kuwait has notified its Far Eastern term crude oil customers that its thirdquarter price formula will be Oman/Dubai minus $1.15/B, a roll-over of thecurrent price. The original Kuwaiti price formula for the second quarter wasOman/Dubai minus $1.20/B. However, due to an increase of 5 cents/B in the Mayprice of Saudi Arabian Medium to the Far East, Kuwait raised its pricesaccordingly in the middle of the quarter to Oman/Dubai minus...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!