VOL. XXXIII

NO. 49

10 SEPTEMBER 1990

Oil Prices

Egypt Raises Oil Prices by $3.50/B Effective 5 September

Egypt has raised the prices of its various grades of crude oil by $3.50/Bwith effect from 5 September. This comes after a $5.00/B price cut introduced on30 August. The movements in Egyptian oil prices since the start of theIraq/Kuwait crisis are shown in the table below (credit terms 60 days):

 5 Sept 30 Aug 23 Aug 20 Aug 16 Aug 8 Aug 2 Aug 1 Aug 16 July ($/B) ($/B) ($/B) ($/B) ($/B) ($/B) ($/B)...