NO. 16

23 JANUARY 1989


Egyptian Oil Prices Raised by $1.25/B for Second Half of January

Egypt has raised the prices of its various grades of crude oil by $1.25 abarrel for the period 16-31 January. This is the fourth consecutive increase inprices over the past two months. The new prices, together with the priceincreases since last November, are shown in the table below (credit terms 60days):

 16 Jan 89 1 Jan 89 1 Dec 88 16 Nov 88 1 Nov 88 ($/B) ($/B) ($/B) ($/B) ($/B) Suez Blend...