VOL. XXXIII

NO. 45

13 AUGUST 1990

Oil Prices

Saudi Arabia Boosts Contract Prices for September

MEES learns that Saudi Arabia has increased its crude contract priceformulas for September by 75 cents/B for deliveries to the US and Europe and by35 cents/B for deliveries to the Far East. The formulas applicable for Septemberto the four Aramco partners - Exxon, Mobil, Texaco and Chevron - for deliveriesto the US, Europe and the Far East are as follows (on an FOB Saudi Arabia basis,45 days after B/L -...