VOL. XXXIII

NO. 10

11 December 1989

Egypt

Egypt Raises Oil Prices by $0.25/B for First Half of December

Egypt has decided to raise the prices of its various grades of crude oil by25 cents a barrel for the period 1-15 December. This follows a price cut of$1.00/B during the second half of November. These price movements are shown inthe table below (credit terms 60 days):

 1 Dec 16 Nov 16 Oct ($/B) ($/B) ($/B) Suez Blend (33) 16.75 16.50 17.50 Ras al-Bihar (33) 16.75 16.50 17.50 Belayim (26) 15.90...