VOL. XXXVIII

NO.28

10April 1995

OilPrices

Aramco'sMay Prices: All Regions Get Price Cuts, US Sees Largest Drop

SeniorAramco officials may have gotten an earful from disgruntled US term customerswho attended the National Petroleum Refiner Association's annual meeting in SanFrancisco last month, but it is not at all clear that there was any correlationbetween the sometimes heated buyer-seller dialogue which developed during thatevent and the relatively large 20-60 cent/B price cuts the Kingdom...