VOL. XXXIV

NO. 10

10 DECEMBER 1990

Oil Prices

Egypt Lowers Oil Prices by 60 Cent/B on 28 November

Egypt has lowered the prices of its various grades of crude oil by 60 cents abarrel with effect from 28 November. The new prices are as follows (credit terms60 days):

 28 Nov 25 Nov ($/B) ($/B)
 Ras al-Bihar (33) 31.30 31.90 Suez Blend (33) 31.00 31.60 Belayim (26) 30.15 30.75 Ras Budran (26) 29.00 29.60 Ras Gharib (24) 28.70 29.30