VOL. XXXII

NO. 6

14 NOVEMBER 1988

SAUDI ARABIA

Saudi Prices for December

Apart from a cut of 10 cents on deliveries of Arabian Light to the Far Eastand 15 and 50 cents respectively on Arabian Medium and Heavy shipments to theUS, the price formulas applicable to Saudi crudes for December remain largelyunchanged.

MEES understands that the Saudi price formulas applicable for December to thefour Aramco companies for deliveries to the US, Europe and the Far East are asfollows (prices are on an f.o.b....