Middle East Economic Survey

VOL. LII

No 45

9-Nov-2009

Saudi Crude Prices To US Increased, Light Crudes Raised And Heavies Decreased Elsewhere

Saudi Aramco on 2 November announced to customers its monthly crude price formula adjustments for December. All prices to the US were increased, as was the price of most light crudes to all destinations. For Europe and Asia, the price of all medium and heavy crudes was decreased. Saudi Aramcos price formulas are for the most part determined by the recent...