VOL. XXXII

NO. 33

22 MAY 1989

EGYPT

Prices Reduced by 75 Cents/B for Second Half of May

Egypt has reduced the prices of its various grades of crude oil by 75 cents abarrel for the period 16-31 May. The new prices are shown in the table below(credit terms 60 days):

 16 May 1 May 1 Apr ($/B) ($/B) ($/B) Suez Blend (33) 17.00 17.75 17.40 Ras al-Bihar (33) 17.00 17.75 17.40 Belayim (26) 16.15 16.90 16.55 Ras Budran (26) 15.00 15.75 15.40 Ras Gharib (24) 14.70 15.45 15.10