VOL. XXXIII
NO. 51
24-SEPTEMBER-1990
Oil Prices
Syria Announces 4Q Price Formula for Light Crude
As predicted by MEES earlier this month (MEES, 10 September), the 4Q priceformula for Syrian Light crude (37 API) has been linked to both Brent and Essider crudes. The formula sets the price of Syrian Light at Essider plus 5cents/B with a floor of Dated Brent minus 35 cents/B. However, if the price ofEssider crude rises above that of Dated Brent, the buyers will be allowed a5-cent/B discount and will...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!