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Saudi Arabia

Little Customer Resistance Expected From Aramco's New Light Crude Emphasis

While Saudi Aramco's term crude contract buyers have not exactly welcomed thecompany's new lighter crude production and sales strategy (MEES, 14 February)with open arms, the revenue-maximization scheme is unlikely to scare away manycustomers, if any at all. Although there is little doubt that some individualrefiners - particularly those which invested heavily in deep...