VOL. XXXIII

NO. 16

22 JANUARY 1990

Egypt

Egypt Raises Oil Prices by 75 Cents/B for Second Half of January

Egypt has decided to raise the prices of its various grades of crude oil by75 cents a barrel for the second half of January. This is the fourth consecutiveprice increase since the second half of November 1989. The four increasestogether have added a total of $3.00/B to the prices of Egyptian oil in twomonths. These price movements are shown in the table below (credit terms 60days):

 16 Jan 90 1...