05.06.2009, 10:11 2866

Saudi Aramco to increase prices for all kinds of exported oil

The world's largest state petrocompany Saudi Aramco will increase the prices for all sorts of exported oil since july, the agency reports citing the information-analytical portal Neft Rossii.

Almaty. June 5. Kazakhstan Today - The world's largest state petrocompany Saudi Aramco will increase the prices for all sorts of exported oil since july, the agency reports citing the information-analytical portal Neft Rossii.

According to the portal, "most of all - by 60 cents per barrel - the price will be increased for Extra Light oil for the American consumers. The price of this grade of oil will be less than WTI by $1.35. The price of Light oil exported to the USA will go up by 45 cents and Medium - by 30 cents. The prices for high sulfur oil will be increased by 10 cents."

The prices for oil of various grades exported to the Northwest Europe, the Mediterranean countries and the Far East will go up from 40 cents up to $1.7 per barrel.

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