NO. 35

1 JUNE 1992

Oil Prices

Egypt Reduces Price of Suez Blend for June

Egypt has reduced the price of itsSuez Blend marker crude (33 API) by 10 cents a barrel against Dated Brent - one of the components of Egypt's pricing formula - for the month of June, but there is no change against the other two components. The pricing formula forSuez Blend for June and the first five months of the year is as follows ($/B):

 1 Jun 1 May 1 Apr 1 Mar 1 Feb 1 JanDated Brent (60%) -2.80 -2.70 -2.75...