VOL. XLV
No 50
16-December-2002
SAUDI ARABIA
Saudi Crude Prices For January Mainly Reduced For West, Differentials Narrowed For Asia
Saudi Aramco announced to customers on 5 December its crude oil formulas for January 2003, reducing the price for most grades to western customers and narrowing the light-heavy price differential for deliveries toAsia. MEES soundings indicate that prices for westbound deliveries were a little lower than some customers had expected, while in Asia the price for Arab...
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