VOL. XLIII

No. 07

14 February 2000

SAUDI ARABIA

Mixture Of Cuts And Rises In Saudi Aramcos March Pricing

The March prices for crude oil announced on 3 February by Saudi Aramco were generally seen to be in line with expectations by buyers and to represent a fair view of current and anticipated market conditions, although decreases in light and medium grades to the US were seen as generous but as compensation for relatively high prices for these grades to the US in February. The changes in price...