VOL. XL
No. 27
7-July-1997
SAUDI ARABIA
Under Pressure From Narrow Brent-Dubai Spread, Aramco Slashes Asian Crude Prices
With no relief in sight from the competitive pressures which have developed in the FarEast from the persistently narrow price differential between Brent and Dubai, Saudi Aramcomoved in dramatic fashion last week to shore up demand for its hard-hit light grades.These crudes have come under severe threat from the large number of cheap Brent-linkedWest African cargoes which...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!