VOL. XXXVII
NO. 26
28-MARCH-1994
Kuwait
Kuwait Crude Price Benefits From Tightening Of Heavy Crude Supply
In the light of Saudi Arabia's new strategic decision to boost sales ofhigher-priced light crude at the expense of heavier grades for revenuemaximization purposes, market prospects for alternative heavy sour crudes havebecome decidedly brighter. This is particularly the case with crudes such asIranian Heavy and Kuwait Export which are regarded as substitutable alternativesto Arabian Medium.
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