VOL. XXXV

NO. 6

11 NOVEMBER 1991

Oil Prices

No Change in Saudi Price Formulas for December

Saudi Aramco has left unchanged the price formulas to all destinations forthe month of December. The formulas for December in respect of the four formerAramco partners - Exxon, Mobil, Texaco and Chevron - for deliveries to the US,Europe and the Far East are as follows (on an FOB Saudi Arabia basis, 50 daysafter B/L for the US, 40 days after B/L for NW Europe, 20 days after B/L for theMediterranean and B/L...