VOL. XXX

NO. 20

23-FEBRUARY-1987

OPEC/NON-OPEC AND OIL PRICES

Egypt Cuts Prices 35-60 Cents/B for Second Half of February

Egypt has reduced the export prices of its various types of crude oil by 35-60 cents a barrel for the period 16-28 February. This reduction in oil prices comes after five consecutive increases since last November. These price movements are shown in the table below (credit terms 60 days):

 16 Feb 87 16 Jan 87 1 Jan 87 21 Dec 86 21 Nov 86 6 Nov 86 1 Nov 86 ($/B) ($/B) ($/B) ($/B)...