NO. 15

15 JANUARY 1990

Saudi Arabia

Saudi Crude Prices for February: 10-Cent Rise for Far East Saudi

Arabia's contract price formulas for its main crudes for the month ofFebruary have been raised by 10 cents/B on shipments to Far Eastern markets,while remaining unchanged on deliveries to Europe and the US. However, theformula for Extra Light Berri crude has been increased by 20 cents/B for the FarEast and 10 cents/B for Europe and the US. The prices applicable for February tothe four...