VOL. XXXV

NO. 45

10 AUGUST 1992

Oil Prices

Saudi Price Formulas for September

Saudi Arabia has reduced the price of Extra Light Berri during the month ofSeptember to the US and NW Europe by 20 cents/B and 10 cents/B respectively,while keeping unchanged the formulas of the other crudes to all destinations.For September, Extra Light Berri to the US is priced at parity with ANS ascompared with ANS plus 20 cents/B in August, while to NW Europe it stands atBrent minus $1.20/B compared to minus...