12 NOVEMBER 1990
Saudi Arabia Reduces December Price Formulas for Europe by $1/B and for USby $0.20/B
Saudi Arabia has reduced its December crude contract price formulas forEurope and the US by $1.00/B and $0.20/B respectively, while retaining the sameformula for the Far East as in November. The means that differentials betweenArabian Light and Arabian Heavy remain at $4.00/B for the US and the Far Eastand $5.00/B for Europe (MEES, 8 October) - for analysis see page A2....
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