VOL. XXXII

NO. 35

5 JUNE 1989

EGYPT

Prices Reduced by 70 Cents/B for First Half of June

Egypt has reduced the prices of its various grades of crude oil by 70 cents abarrel for the period 1-15 June. The new prices are shown in the table below(credit terms 60 days):

 1 June 16 May 1 May 1 Apr ($/B) ($/B) ($/B) ($/B) Suez Blend (33) 16.30 17.00 17.75 17.40 Ras al-Bihar (33) 16.30 17.00 17.75 17.40 Belayim (26) 15.45 16.15 16.90 16.55 Ras Budran (26) 14.30 15.00 15.75 15.40 Ras Gharib (24) 14.00 14.70...