29 JUNE 1992
Egypt Reduces Price of Suez Blend for July but Raises Prices of OtherCrudes
Egypt has reduced the price of its Suez Blend marker crude (33 API) by 5cents a barrel against Dated Brent - one of the components of Egypt's pricingformula - for the month of July, but there is no change against the other twocomponents. The pricing formula for Suez Blend for July and the first sixmonths of the year is as follows ($/B):
1 Jul 1 Jun 1 May 1 Apr 1 Mar 1 Feb 1 JanDated...