VOL. XLVI

No 6

10-February-2003

SAUDI ARABIA

Saudi Crude Prices To West Cut Significantly As Most Prices To Asia Raised Slightly

Saudi Aramco announced to customers on 5 February its pricing formulas for March, reducing significantly the prices for all deliveries to the western markets but raising slightly the price for most deliveries to Asia. As usual the company based its pricing on the performance of competing crude and also refined products on spot markets during the previous month. The main...