VOL. XXXVIII

NO. 50

11 SEPTEMBER 1995

Oil Prices

Aramco Raises October In Europe, US Sees Cuts, Asia Prices Mixed

Saudi Arabia raised its European crude prices for the second month in a rowlast week. This time around, however, Aramco's decision to hike its crude pricesby 20 cents/B for October term sales came as no surprise for well-primedpurchasers, most of whom had expected the price moves given tightening sourcrude fundamentals. Regional sour crude prices, which had borne the brunt of the...