EGYPT

Egypt Raises December Oil Prices by 25-60 Cents/B 

Egypt has decided to raise its oil export prices for December by 25-60 cents a barrel, a spokesman of the Egyptian General Petroleum Corporation (EGPC) said in Cairo on 28 November. This is the third increase in Egyptian oil prices since the middle of the year. These price-increases are shown in the table below (credit terms 60 days):

 Dec 85 Oct-Nov 85 Sept 85 July-Aug 85 ($/B) ($/B) ($/B) ($/B) Suez blend (33°) 26.70 26.10...