VOL. XXXIX
No. 63
9-December-1996
SAUDI ARABIA
No Change In Aramco's European Formulas Despite Tight Sour Crude Markets
Saudi Aramco's term customers in Northwest Europe certainly had no cause for complaint last week when their supplier opted to maintain its January prices unchanged versus December. While the producer did move to hike charges for liftings from Sidi Kerir, the Mediterranean terminus of the Sumed pipeline, by some 5-10 cents/B during January, direct purchasers somewhat...
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