NO. 10

11 December 1989

Saudi Arabia

Saudi Crude Prices for January: 10-Cent Reduction for US and Europe

Saudi Arabia's crude price formulas for Aramco customers for the month ofJanuary will be reduced by 10 cents/B for shipments to the US and Europe, butwill remain unchanged for deliveries to the Far East. The price formulas applicable for January to the four Aramco partners - Exxon, Mobil, Texaco andChevron - for deliveries to the US, Europe and the Far East are as follows (onan FOB...