No. 11

11 December 1995


Aramco's January Crude Prices: Catching Up With Shifting Product Values

Moving to catch up with shifting product values worldwide, Saudi Aramco hiked its January crude prices by some 5-35 cents/B for western buyers while handing out a mixed pattern of increases on high kerosene yielding light crudes and cuts on heavier grades in the East of Suez marketplace. Rising winter demand coupled with a spate of refinery outages from India to...