VOL. XXXIV

NO. 41

15 JULY 1991

Oil Prices

Saudi Crude Price Formulas for August

Saudi Aramco left its price formulas for August crude deliveries to Europeand the Far East largely unchanged, apart from a 25-cent rise in the Far Eastformula for Extra Light crude. However, as regards deliveries to the US, pricesfor Arabian Light and Arabian Heavy have been raised by 10 cents/B and 25cents/B respectively, while that for Extra Light has been decreased 15 cents/Band the Arabian Medium formula has...