Journal Article
Noteworthy: oil markets: Saudis abandon WTI price as benchmark
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;
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Provider: Federal Reserve Bank of Dallas
Part of Series: Southwest Economy
Publication Date: 2010
Issue: Q1
Pages: 15
Order Number: 1