VOL. XXXII

NO. 27

10-APRIL-1989

SAUDI ARABIA

Saudi Crude Price Formulas Raised by 5-10 Cents for May

Saudi Arabia's crude oil price formulas for Aramco customers for the monthof May have been increased by five cents/B for US and European deliveries and 10cents/B for the Far East. The Saudi price formulas applicable for May to thefour Aramco companies for deliveries to the US, Europe and the Far East are asfollows (on an FOB basis with April prices in brackets):

- Deliveries to the US: Arabian...