VOL. XLI

No. 20

18-May-1998

SAUDI ARABIA

Saudi Aramco And Term Customers Agree Second Half 1998 NaphthaPremium

Saudi Aramco and its contract customers for term sales of A-180 naphtha have agreed toset the price for that product ex-Ras Tanura and Yanbu' ata premium of $11/ton over the Aramco formula in the second half of 1998, compared to$12/ton in the first half of the year (MEES, 8 December 1997). The premium fornaphtha ex-Rabigh and Jubail has been fixed at $7/ton and $6.50/ton respectively,...