Middle East Economic Survey
VOL. LIV
No 6
7-Feb-2011
SAUDI ARABIA/OIL PRICES/OPEC
Saudi Crude Prices Raised To US, Reduced To Asia And Europe
Saudi Aramco announced its March crude oil pricing formulas for customers on 2 February, raising the prices to the US and cutting prices to all other destinations. Saudi Aramcos pricing primarily reflects recent spot price movements for competing crudes in the three regional markets.
To The US
For March deliveries to the US, where Saudi Aramco...
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