VOL. XXXVIII

NO. 37

12 JUNE 1995

Oil Prices

Aramco Raises US Crude Prices For July, Other Regions Un-Changed

After enjoying two months of price cuts, Saudi Arabia's US term customersseemed to take the news that Aramco intended to raise crude charges to thisregion in July by some 5-40 cents/B very much in their stride last week."Three months in a row of price cuts would have been too much to hopefor," reflected one unruffled buyer. Customer equanimity aside, Aramco'spricing moves which included a 5...