VOL. XXXIX

No. 8

20-November-1995

SAUDI ARABIA

Aramco's Term Product Negotiations For 1996 Make Headway

While term contract negotiations for sales of middle distillates and fuel oil remain to be conclusively settled, if Saudi Aramco's recently-completed naphtha deliberations are any yardstick then buyers further down the refined barrel will be paying more for their term supplies next year. Though a wide gulf separated Aramco and its Japanese and Korean naphtha customers when price...