VOL. XXXV

NO. 14

6-JANUARY-1992

Oil Prices

Syrian Light Crude Term Price for 1Q 92 Pending

Syria and its term customers have so far failed to agree on a price forSyrian Light crude for the first quarter of 1992. But on an interim basis theterm customers will lift spot cargoes in January at Libyan Es Sider spot pricesminus 3 cents/B, representing a drop of 13 cents/B below the 4Q 91 price of EsSider plus 10 cents/B. The main reason for the lack of agreement on a 1Q 92price was an announced...