Middle East Economic Survey
VOL. XLVII
No 24
14-June-2004
OIL PRICES
Saudi Crude Prices Raised To Europe, Changed Little To US And Asia
Saudi Aramco announced its July crude oil pricing formulas to customers on 7 June, raising the price for all grades to be delivered to Europe, but making little change to the prices for the US and Asia. As usual, the latest formulas reflect the performance of a number of marker crude prices tracked by Saudi Aramco on the three regional spot markets in the month...
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