VOL. XXXII
NO. 40
10-JULY-1989
SAUDI ARABIA
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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