VOL. XXXII

NO. 24

20 MARCH 1989

EGYPT

Egyptian Oil Prices Raised by $1.60/B for Second Half of March

Egypt has raised the prices of its various grades of crude oil by $1.60 abarrel for the period 16-31 March. This is the second increase in prices thismonth. The previous increase, amounting to 15 cents a barrel, was introducedon 1 March (MEES, 6 March). The new prices are shown in the table below (creditterms 60 days):

 16 Mar 1 Mar ($/B) ($/B) Suez Blend (33) 16.50 14.90 Ras al-Bihar (33) 16.50...