More Customers Sign up for Saudi Five-Month Fixed-Price Contracts
Some more of Saudi Arabia's crude oil customers have signed up for theKingdom's five-month (February-June) contracts at official prices over the pastweek. (For details of earlier deals, see MEES, 9 February.)
MEES understands that Spain's Enpetrol has definitely signed for 50,000 b/d,while Italy's ERG/Garrone is also reported to have finalized a 50,000 b/dcontract.
Meanwhile, at MEES press...