Middle East Economic Survey

VOL. LIII

No 41

11-Oct-2010

Saudi Crude Prices Raised For US And Asia, Cut For Europe

Saudi Aramco announced to customers on 5 October its crude oil pricing formulas for November, raising most prices to the US and Asia and reducing them for destinations in Europe and the Mediterranean. As usual, the company based its pricing changes mainly on the performance of competing crude grades in the regional stock markets.

To The US

For November deliveries to the US,...