NO. 45

9 AUGUST 1993


Saudi Aramco Raises September Crude Prices By 10-40 Cents/B

Indicating its expectation of a tighter market for sour crudes next month, SaudiAramco has upped its September price formulas for all crudes to all destinations(with the exception of Arab Light to the Far East) by between 10 and 40 cents/Bwith the largest increases falling on the heavier grades. For the US, Light andExtra Light have been raised by 20 cents/B while Arab Medium and Heavy have gone...