EGYPT
Price of Suez Blend Falls to $10.75/B
Although Egypt has not officially announced new prices for its crude oil, unconfirmed market reports indicate that the price of Suez blend (33° API) has now dropped to about $10.75/B and that of Belayim crude (26° API) to $8.75/B. Egyptian oil prices applicable to the second half of March were provisionally extended to the first 20 days of April, but no new prices have since been announced (MEES, 5 May). These prices were as...
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