VOL. XXXV

NO. 41

13 JULY 1992

Oil Prices

Saudi Price Formulas for August

Saudi Aramco has reduced the price of Arab Medium crudes to all destinationsfor the month of August, and also decreased the price of Arab Light to the USwhile raising the price of Extra Light Berri to Europe and the Far East. ForAugust, Arab Medium was reduced by 20 cents/B to the US and 10 cents/B to bothNW Europe and the Far East, while Arab Light was decreased 20 cents/B to the US.On the other hand, Extra Light Berri was...