VOL. XLIV

No. 20

14 May 2001

SAUDI ARABIA

Saudi Aramco Increases Most Western Crude Prices For June And Cuts Most To East

Saudi Aramco announced its June crude prices to customers on 3 May, increasing the cost of almost all grades to western markets and either reducing or leaving unchanged prices to customers in Asia. The prices reflect Saudi Aramcos usual policy of tracking prices for competing crude grades and products in the three market regions. MEES soundings indicate that prices for...