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Page added on July 7, 2006

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Saudi Aramco raises oil prices for Asia

Saudi Aramco, the world’s biggest oil company by output, raised prices for three crude grades it will export to Asia in August as refiners’ profit from making diesel and kerosene increases.

The refining profit, or margin, to turn crude oil into middle distillate fuels, or diesel and kerosene, has surged as plant maintenance and unscheduled shutdowns in Asia cut production.
Financial Express



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