EGYPT

Prices of Ras Budran and Ras Gharib Crudes Raised 15 Cents/B for June

The prices of Ras Budran (26°) and Ras Gharib (24°) crudes have been raised by 15 cents a barrel for the month of June. This is the first increase in Egyptian oil prices since 16 February. The prices of Egypt's other crudes remain unchanged. The new prices are shown in the table below (credit terms 60 days):

 1 June 87 16 Feb 87 ($/B) ($/B) Suez Blend (33°) 17.25 17.25 Ras al-Bihar (33°) 17.25...