VOL. XLIII

No. 41

9 OCTOBER 2000

SAUDI ARABIA

Saudi Aramco Performs Balancing Act With November Crude Prices

Saudi Aramcos November crude oil prices to its US, Northwest European and Asian markets, announced on 4 October, show a return to straightforward market-reactive pricing following the companys aggressive pricing policy last month to ease the path of additional volumes into the market. Following OPECs decision to increase production at its 10 September meeting, the Saudi state firm last...