Egypt Raises Oil Prices by $1.25/B
Effective 16 August Egypt has raised the prices of its various grades of crude oil by $1.25 a barrel with effect from 16 August - thefourth price hike since the start of the Iraq/Kuwait crisis, and the fifth sincemid-July. The cumulative increase since mid-July now stands at $12.25/B. Theseprice increases are shown in the table below (credit terms 60 days):
16 Aug 8 Aug 2 Aug 1 Aug 16 July 16 June ($/B) ($/B) ($/B) ($/B)...