VOL. XLII
No. 19
10-May-1999
SAUDI ARABIA
Saudi Aramcos June Pricing Shows Impact of ConflictingMarket Trends
Both the physical and futures markets for Atlantic Basincrudes ran into a (probably temporary) reversal of their
seemingly inexorable climb at the end of last week. OnThursday Dated Brent dropped by some 40-50 cents/B to around $16.20 and JuneBrent by 49 cents/B to around $16.56, while cash WTI fell by 66 cents/B to$18.20/B and June WTI by 66 cents/B to $18.32/B. The reasons for this...
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