VOL. XXXIII

NO. 49

10 SEPTEMBER 1990

Oil Prices

Syria Raises Prices of September Light and Heavy Crudes

MEES understands that Syria has raised the September prices of both its lightand heavy crudes. Effective 1 September the price formula of the light crudeblend (37 API) was raised by 25 cents/B from Dated Brent minus 65 cents/B setat the start of 3Q to Dated Brent minus 40 cents/B. The decision to raise theSeptember price was taken unilaterally by Syria which seems to have managed toget all its...