12 DECEMBER 1988
OPEC AND OILPRICES
Saudi Pricesfor January
MEES understandsthat Saudi Arabia is halting as of next month all incentive discounts offeredfor high-volume liftings by term customers and that the Saudi price formulasapplicable for January to the four Aramco companies for deliveries to the US,Europe and the Far East are as follows (on an f.o.b. basis with previousprices in brackets):
- Deliveries to the US: Arabian Light, Alaska North Slope (ANS)spot price minus...