VOL. XLV

No 41

14-October-2002

SAUDI ARABIA

Saudi Aramco Announces Mixed Bag Of Pricing Adjustments For November

Saudi Aramco announced to customers on 6 October its crude pricing formulas for November, raising prices for all grades to the US, reducing all prices to Europe, and widening the light-heavy differential for deliveries to Asia. As usual, the company based its latest prices on the regional spot market performances of competing crudes and on products prices during the previous month, in...