VOL. XXXV

NO. 49

7 SEPTEMBER 1992

Oil Prices

Saudi Arabia Raises Heavier Crude Prices for October

Reflecting the current strong demand for heavier crudes in world markets -particularly Japan - Saudi Arabia has raised its October price formulas forArabian Heavy by 25 cents/B for the Far East, 20 cents/B for Europe and 10cents/B for the US. The formula for Arabian Medium is increased by 20 cents/Bfor the Far East, 15 cents/B for Europe and 10 cents/B for the US. The Octoberprices of Arabian Light...