EGYPT

No Oil Exports in Second Half of April 

MEES learns that no export Siftings of Egyptian crude oil took place during the last two weeks of April on account of the delay in the announcement of new oil prices. It will be recalled that during the second week of April Egypt announced that it was reducing its oil prices retroactively in two stages for the first and second halves of March and that it was keeping them mainly unchanged at second-half March levels for the first 20 days of...