Wednesday 5 January 2011

Saudi Aramco Cuts Most February Oil Prices, Increases Super Light to Asia - Bloomberg

Saudi Aramco, the world’s largest state-owned oil company, lowered official selling prices for all of its crude grades for customers in the U.S., Europe and the Mediterranean for February.

The company, the world’s biggest crude exporter, increased the formula price for Arab Super Light crude, a grade sold only to customers in Asia, and of Extra Light oil to Asia.

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