VOL. XXXIV

NO. 6

12 NOVEMBER 1990

Oil Prices

Egypt Reduced Prices by $2.00/B on 5 November

Egypt reduced the prices of its various grades of crude oil by $2.00/B witheffect from 5 November. The new prices are shown in the table below (creditterms 60 days):

 5 Nov 26 Oct ($/B) ($/B)
 Ras al-Bihar (33) 30.30 32.30 Suez Blend (33) 30.00 32.00 Belayim (26) 29.15 31.15 Ras Budran (26) 28.00 30.00 Ras Gharib (24) 27.70 29.70