VOL. XXXIII
NO. 22
5 MARCH 1990
Egypt
Egypt Reduces Oil Prices by 60 Cents/B for First Half of March
Egypt has decided to reduce the prices of its various grades of crude oil by60 cents a barrel for the first half of March. This is the third reduction inprices since the end of January - with a total of $2.50/B for all three pricecuts - as is shown in the table below (credit terms 60 days):
1 March 15 Feb 1 Feb 16 Jan ($/B) ($/B) ($/B) ($/B) Suez Blend (33) 17.00 17.60 18.50 19.50 Ras al-Bihar (33)...
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