VOL. XXXII

NO. 40

10 JULY 1989

EGYPT

Prices Raised by $1.00/B for First Half of July

Egypt has raised the prices of its various grades of crude oil by $1.00 abarrel for the period 1-15 July. This increase comes in the wake of threeconsecutive price cuts since May. These price movements are shown in the tablebelow (credit terms 60 days):

 1 July 16 June 1 June 16 May 1 May ($/B) ($/B) ($/B) ($/B) ($/B)Suez Bend (33) 16.00 15.00 16.30 17.00 17.75Ras al-Bihar (33) 16.00 15.00 16.30 17.00 17.75Belayim...