NO. 19

12 FEBRUARY 1990

Crude Prices

Saudi Crude Prices for March: Reduction on Medium/Heavy Crudes

Saudi Arabia's contract price formulas for the month of March have beenreduced by 20 cents/B on medium and heavy crudes for European and USdestinations, while remaining unchanged for light and extra light crudes. Asregards deliveries to the Far East, the formulas have been raised 10 cents/B forlight and extra light crudes and lowered 10 cents/B for medium and heavy crudes.The prices...