NO. 31

7 MAY 1990


Egypt Raises Crude Prices by 45 Cents/B for First Half of May

Egypt has raised the prices of its various grades of crude oil by 45 cents abarrel for the first half of May. This is the first increase in prices after sixconsecutive half-monthly price cuts since the end of January, as is shown inthe table below (credit terms 60 days):

 1 May 16 Apr 1 Apr 16 Mar 1 Mar 15 Feb 1 Feb 16 Jan ($/B) ($/B) ($/B) ($/B) ($/B) ($/B) ($/B) ($/B)Ras al-Bihar (33) 14.30* 13.85*...