VOL. XXXI

NO. 39

4-JULY-1988

EGYPT

Oil Prices Reduced by $1.45-1.85/B for First Half of July

Egypt has decided to reduce the prices of its various grades of crude oil by$1.45-1.85 a barrel for the first half of July. This is the second pricedecrease within one month. The previous decrease of 50 cents across the boardwas announced for the second half of June. The changes in Egyptian oil pricessince the beginning of the year are shown in the table below (credit terms 60days): us

 1 July 16 June 16...