VOL. XXXVI

NO. 6

9 NOVEMBER 1992

OIL PRICES

Saudi Price Formulas for December

Saudi Arabia is keeping its December FOB price formulas for crude deliveriesto US destinations unchanged from November, while raising prices to Europe bybetween 10 and 30 cents and lowering Medium and Heavy prices to the Far East by10 cents. The formulas for the 12 months of 1992 applicable to the fourex-Aramco partners - Exxon, Mobil, Texaco and Chevron - for deliveries to theUS, Europe and the Far East are as follows...