SAUDI CRUDE MIX FOR NOVEMBER IS SAME FOR ALL CUSTOMERS

One powerful bear factor that has been disturbing the oil market over the past week or two stemmed from persistent rumors to the effect that Saudi Arabia was following a policy of discrimination between its various customers with regard to the proportions of its crude oil export mix for the month of November. Widespread press reports alleged that whereas the Aramco participants (Exxon, Texaco, Socal and Mobil) were enjoying the same...