VOL. XXXII
NO. 44
7 AUGUST 1989
PRICE DEVELOPMENTS
Egypt Cuts Prices by Hefty $1.25/B for First Half of August
Egypt has reduced the prices of its various grades of crude oil by $1.25 abarrel for the period 1-15 August. This is the second price cut since 1 July.These price changes are shown in the table below (credit terms 60 days):
1 Aug 16 July 1 July ($/B) ($/B) ($/B) Suez Blend (33) 14.50 15.75 16.00 Ras al-Bihar (33) 14.50 15.75 16.00 Belayim (26) 13.65 14.90 15.15 Ras Budran (26) 12.50 13.75...
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