3Q Saudi Crude Prices for Mediterranean Deliveries
MEES understands that the third quarter price formula for European companiespurchasing Arabian Light crude oil for Mediterranean deliveries (FOB Sidi Kerir)is: Dated Brent minus $1.40/B, compared to Dated Brent minus $1.20/B in thesecond quarter and Dated Brent minus $1.40/B in the first quarter (MEES, 20March).
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