NO. 37

19 JUNE 1989


Saudi Arabia Eases Volume Cuts for Contract Customers in July

MEES learns that Saudi Arabia has eased its cuts in crude supplies tocontract customers for the month of July. Volume cuts on July nominations toeast of Suez customers, whose liftings were reduced by around 40% in June andMay, comprise: 17% for Mitsubishi (to 83,000 b/d from a contract volume of100,000 b/d); 14% for Kyodo Oil (to 43,000 b/d from a contract volume of 50,000b/d); and 14% for the...