VOL. XXXIV

NO. 32

13 MAY 1991

Oil Prices

Minor Changes in Saudi Prices for June

Following its significant price changes for May, Saudi Aramco has maderelatively minor adjustments in its FOB prices for June. Price formulas forEurope remain the same as in May, while the only change made for US-destinedcrudes is a 25-cent rise for Arabian Heavy. Price formulas for the Far East wereincreased 10 cents/B for Extra Light, Light and Medium crudes and 35 cents/B forArabian Heavy. For May, the far-reaching...