VOL. XXXVIII

NO. 20

13-FEBRUARY-1995

Aramco Targets Far East For Stiff Price Rises, Fine-Tuning Elsewhere

Saudi Arabia's Far Eastern crude customers have found very little to complainabout in their supplier's pricing moves over the last five months or so, butthis equanimity was certainly not in evidence last week when Aramco marketersinformed buyers of new terms for March sales of the Kingdom's two heavier crudegrades. Citing shifting product spreads, most notably a narrowing of the gap between...