VOL. XLI

No. 41

12-October-1998

SAUDI ARABIA

Aramcos November Prices Show Upward Trend In US,Other Regional Markets Mixed

Saudi Aramco moved to capitalize on strong sour crude fundamentals inthe key US Gulf Coast market last week, increasing its North American prices by some 10-25cents/B for November. Sour crude prices have firmed over the past month or so in the faceof lower imports from Venezuela and Mexico. This strength is particularly evident at theheavier end of the quality spectrum. Like...