VOL. XXXV

NO. 41

13-JULY-1992

Oil Prices

Syria Lowers Price of Light Crude but Raises it for Heavy

MEES understands that Syria has lowered the third quarter price of SyrianLight crude for term customers by 5 cents/B to Es Sider spot minus 8 cents/Bfrom minus 3 cents/B in 2Q. MEES further understands that the price of Syria'sheavy Suwaidiyah crude, which is set on a monthly basis, was raised from DatedBrent minus $4.95/B in June to minus $4.75/B in July, and that a furtherincrease in price to Dated...