NO. 20

20 FEBRUARY 1989


Egyptian Oil Prices Remain Unchanged for Second Half of February

Egypt has decided to keep the export prices of its various grades of crudeoil unchanged for the period 16-28 February. These prices, which have been ineffect since 16 January, are as follows (credit terms 60 days): Suez Blend(33) $14.75/B, Ras al-Bihar (33) $14.75/B, Belayim (26) $13.90/B, RasBudran (26) $12.75/B, and Ras Gharib (24) $12.45/B.