VOL. XXXIII

NO. 3

23 OCTOBER 1989

Egypt

Egypt Raises Prices by $1.00/B for Second Half of October

Egypt has raised the prices of its various grades of crude oil by $1.00 abarrel for the period 16-31 October. Recent price increases - totaling $3/B infive successive price hikes since the beginning of August - are shown in thetable below (credit terms 60 days):

 16 Oct 1 Oct 16 Sept 1 Sept 16 Aug 1 Aug ($/B) ($/B) ($/B) ($/B) ($/B) ($/B)Suez Blend (33) 17.50 16.50 16.00 15.15 15.00 14.50Ras al-Bihar...