Middle East Economic Survey
VOL. XLIX
No 1/2
2/9-January-2006
Saudi Crude Prices For February Reduced To Europe, With Mixed Changes To US And Asia
Saudi Aramco announced its February crude oil pricing formulas to customers on 5 January, reducing the prices for all grades into Europe, while introducing a mixture of rises and cuts for deliveries to the US and Asia. The February pricing reflects the performance of marker grades on the three regional spot markets during December, and also to some...
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