VOL. XXXIII
NO. 7
20 NOVEMBER 1989
Egypt
Egypt Reduces Prices by $1.00/B for Second Half of November
Egypt has decided to reduce the prices of its various grades of crude oil by$1.00 a barrel for the period 16-30 November. This is the first price cut in thepast few months. There were five successive increases between August andOctober, followed by a no-change decision for the first half of November. Theseprice movements are shown in the table below (credit terms 60 days):
16 Nov 16 Oct 1 Oct 16...
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