VOL. XLV

No 10

11 March 2002

SAUDI ARABIA

Saudi AramcoRaises Most April Crude Prices To Europe,Reduces Prices To US And Asia

Saudi Aramco informed customers on 5 March of its crude oilcontract prices for April deliveries, increasing the prices for all but thelightest grade to Europe, and reducing prices across the board for the US andAsia. The April pricing reflects the performance of the regional crude andproducts markets during February, when activity was characterized by poor ornegative...