VOL. XXXIII

NO. 11

18 DECEMBER 1989

Egypt

Egypt Raises Oil Prices by $0.75/B for Second Half of December

Egypt has decided to raise the prices of its various grades of crude oil by75 cents a barrel for the second half of December. This follows a price rise of$0.25/B during the first half of December and a price cut of $1.00/B during thesecond half of November. These price movements are shown in the table below(credit terms 60 days):

 15 Dec 1 Dec 16 Nov 16 Oct ($/B) ($/B) ($/B) ($/B) Suez Blend (33...