12 JULY 1993
Saudi Aramco Reduces August Crude Prices For US And Far East
Saudi Aramco hasreduced its August pricing formulas by $0.10-0.30/B for deliveries to the US andby $0.05-0.10/B for deliveries to the Far East. Pricing formulas for Europeandestinations remain unchanged from July.
The formulas for August for the four Aramco partners (Exxon, Mobil, Texacoand Chevron) for deliveries to the US, Europe and the Far East - on an FOB SaudiArabia basis, 50 days after B/L...