NO. 23


Saudi Arabia

Saudi Arabia Lowers Price Formulas for all Destinations by 10-30cents/B

Saudi Arabia's contract price formulas for the month of April have beenreduced by around 10-30 cents/B on all grades and for all destinations, MEESlearns. The price formulas for all grades to the US have been lowered by 25cents/B and to the Far East by 20 cents/B, while the price formulas for Europecover a 10 cents/B decrease in the price of Extra Light and Arabian Light crudesand...