Arab Light Price To Average $100/B In 2013

Published on Monday, 20 Aug 10:25 am

Saudi crude oil production will average 9.7mn b/d in 2013, the National Commercial Bank (NCB) said in its latest Saudi Economic Review. Arab Light crude, which makes up 50% of Saudi oil output, will average $105/B this year and $100/B in 2013, NCB said.

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