VOL. XXXIV

NO. 26

1-APRIL-1991

Oil Prices

Syria Raises 2Q Price Formula for Light Crude

The second quarter price formula for Syrian Light crude (37 API) has beenincreased to Es Sider plus 10 cents/B compared to Es Sider plus 5 cents/B forthe first quarter, MEES learns. The formula for Syria's Suwaidiyah crude (24API) has not been finalized yet. It is understood that only two tradingcompanies have reached an agreement on the price of the heavy crude with theSyrian Petroleum Marketing Department,...