Heavy Oil Investing News » Saudi Arabia will cut Heavy-Oil Price as Processing Profits Dipped

Saudi Arabia will cut Heavy-Oil Price as Processing Profits Dipped

July 3, 2009 @ 6:01 pm In Heavy Oil Market News

Saudi Arabia may lower the official price of its heavy oil grade sold to Asia from a six-year high as processing profit for fuel used by ships and power plants dipped in the previous month.

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[1] here: http://www.tehrantimes.com/index_View.asp?code=198221