VOL. XXXV

NO. 17

27-JANUARY-1992

Oil Prices

Agreement on Syrian Light Crude Term Price for 1Q 92

Syria and its term customers have agreed on the price for Syrian Light crudefor the first quarter of 1992 - namely, Libyan Es Sider spot minus 3 cents/B.This is the same as the price adopted on an interim basis earlier this month(MEES, 6 January) and represents a drop of 13 cents/B below the 4Q 91 price ofEs Sider plus 10 cents/B. However, nego- tiations are still under way regardingthe specifications...