VOL. XLIV

No 33

13 August 2001

SAUDIARABIA

SaudiAramco September Prices Reflect Bearish Asian And US Markets And Bullish Europe

SaudiAramco announced September contract prices for its crude oil grades on 6August, narrowing the gap between lighter and heavier grades to the Asianmarket, cutting the price of all grades to the US and raising all prices toEurope. As usual Saudi Aramco followed its policy of basing prices for the nextmonth on regional market conditions for the month immediately prior...