VOL. XXXII

NO. 42

24 JULY 1989

EGYPT

Prices Reduced by 25 Cents/B for Second Half of July

Egypt has reduced the prices of its various grades of crude oil by 25 cents abarrel for the period 16-31 July. The new prices are shown in the table below(credit terms 60 days):

 16 July 1 July 16 June 1 June 16 May 1 May ($/B) ($/B) ($/B) ($/B) ($/B) ($/B) Suez Blend (33) 15.75 16.00 15.00 16.30 17.00 17.75Ras al-Bihar (33) 15.75 16.00 15.00 16.30 17.00 17.75Belayim (26) 14.90 15.15 14.15 15.45 16.15 16.90...