VOL. XXXIII

NO. 51

24-SEPTEMBER-1990

Oil Prices

Egypt Raises Oil Prices by $5.00/B

Egypt raised the prices of its various grades of crude oil twice last week bya total of $5.00/B - $3.00/B on 17 September and another $2.00/B two dayslater on 19 September. Egyptian oil prices now stand at their highest levelsince 1981. The recent price increases are shown in the table below (creditterms 60 days):

 19 Sept 17 Sept 5 Sept 30 Aug 23 Aug ($/B) ($/B) ($/B) ($/B) ($/B)Ras al-Bihar (33) 34.30 32.30 29.30...