VOL. XLIV

No 43

22-October-2001

MiddleEast Crude Oil Trade And Formula Pricing

ByFereidun Fesharaki and Hassaan Vahidy

The following article by Fereidun Fesharaki and HassaanVahidy on Middle East Crude Oil Trade: Future Directions and Implications forFormula Pricing was published on 9 October by Honolulu-based Facts Inc asEnergy Advisory No 258.

The Middle East is the worlds center of gravity in the oilmarket. It contains the largest oil fields, lowest cost of production, andconstitutes 66% of...