VOL. XLIV

No 42

15 October 2001

SAUDI ARABIA

Saudi AramcosNovember Crude Prices Reflect Mixed Market Conditions

SaudiAramco announced its November delivery crude oil contract prices to customerson 3 October, raising the prices for all grades to the US but reducing mostprices to Europe and narrowing the light-heavy differential for deliveries to Asia.The November pricing was based on market conditions in September, a difficultmonth to judge because of the massive disruption and renewed uncertainty...