EGYPT

Oil Prices up 10-40 Cents/B from 15 July

Egypt has raised the export prices of its various grades of crude oil by 10-40 cents a barrel with effect from 15 July. This is the second increase this month, the first being 10 cents/B on all grades on 1 July. The new prices are shown in the table below (credit terms 60 days):

 15 July 1 July 1 June 16 Feb ($/B) ($/B) ($/B) ($/B) Suez Blend (33°) 17.75 17.35 17.25 17.25 Ras al-Bihar (33°) 17.75 17.35 17.25 17.25 Belayim (26°)...