Middle East Economic Survey
VOL. LIV
No 11
14-Mar-2011
Saudi Crude Oil Prices Increased To Asia And Europe, Lowered For US
Saudi Aramco announced its April crude oil pricing formulas for customers on 5 March. Prices to Northwest Europe and Asia were mainly increased, but those to the US were lowered. The price of light crudes for the Mediterranean were increased, while medium and heavy grades were reduced. Saudi Aramcos pricing primarily reflects recent spot price movements for competing...
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