VOL. XXXIX

No. 50

9 September 1996

OPEC

Aramco's October Crude Changes Attract Scant Attention As Benchmark Prices Soar

With benchmark oil prices breaking five-year records, Saudi Arabia's crude customers could be excused if last week their main concern was not whether Saudi Aramco had moved its October adjustment factors up or down but rising price levels overall. "The premium or discount is not really of much interest to us right now. Absolute prices are our major concern. The real...