TEXACO <TX> UNIT RAISES CRUDE OIL PRICES
Texaco Inc said it raised the contract
price it will pay for most grades of crude oil by 50 cts a
barrel, effective October 16.
    The company said the increase brings its posting for the
U.S. benchmark grade, West Texas Intermediate, to 19.00 dlrs a
barrel. The West Texas Sour and Light Louisiana Sweet grades
were also raised 50 cts to 18.10 and 19.35 dlrs a barrel,
respectively.
    Texaco last changed its crude oil postings on September 15.
 Reuter
