VOL. XLI

No. 47

23-November-1998

SAUDI ARABIA

Aramco Imposes Deeper Export Cuts For December But Allocations AgainLack Consistency

Saudi Aramcos monthly nomination and allocation process has beenthe focus of much industry attention recently, and the cutbacks which will be imposed oncrude export customers in December were no exception. As expected, the reductions weredeeper than those prescribed in either November or October (MEES, 9 November).However, as with the November allocation procedure,...