VOL. XXX

NO. 4

03-November-1986

SAUDI ARABIA

Saudi Arabia Denies Price Discounting; 65-Cent Narrowing of Light/Heavy

Differential Mooted Saudi Arabia has categorically denied media reportsthat it has been offering its customers discounts of 50 cents/B on crude oilsales to US destinations. The Saudi press agency quoted an official source assaying on 28 October: 'The Government of the Kingdom of Saudi Arabia did notoffer discounts to any company and will not do so under any circumstanceswhatever.

The...