Middle East Economic Survey


No 6


Saudi Crude Prices See Mixed Adjustments For March Deliveries

Saudi Aramco on 4 February announced to customers its monthly crude price formula adjustments for March. As usual the pricing changes were based on the performance of crude oil grades monitored by Saudi Aramco on the regional spot markets. Prices for all crudes to Asia were reduced, except Arab Heavy which was unchanged, while prices to Northwest Europe were increased, except for...