Middle East Economic Survey
VOL. LII
No 15
13-Apr-2009
OPEC/OIL PRICES/SAUDI ARABIA
Saudi Aramco Cuts Most Crude Prices For May Delivery
Saudi Aramco announced to customers on 6 April a reduction in price for almost all of its crude oils to all destinations in May, with the exception of Arab Super Light to the Far East. While the monthly pricing is based as usual mainly on the recent performance of competing grades on the regional spot markets, the latest formulas can also be viewed as Saudi Aramco...
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