VOL. XXXI
NO. 38
27-JUNE-1988
SAUDI ARABIA
Saudi Arabia Shaves Price For ala for July
Saudi Arabia has reportedly cut its price formula for July contractdeliveries of Arabian light and medium crudes to Europe by 30 cents/B and to theUS by 10 cents/B, while leaving the formula for deliveries to the Far East un-changed.
According to market sources, Saudi crude prices f.o.b. Ras Tanura for Julyapplicable to Aramco group buyers are as follows (June prices in brackets):
- Deliveries to US: Arabian Light,...
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