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Noteworthy: oil markets: Saudis abandon WTI price as benchmark

Jackson Thies ()

Southwest Economy, 2010, issue Q1, No 1, 15

Abstract: Saudi Arabia's state-owned oil company no longer uses West Texas Intermediate (WTI) crude oil as its pricing benchmark. Saudi Aramco, the third largest U.S. oil supplier, switched to the Argus Sour Crude Index (ASCI) in January.

Keywords: Petroleum industry and trade; Saudi Arabia; Petroleum products - Prices (search for similar items in EconPapers)
Date: 2010
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