EGYPT
Egypt May Slightly Lower Price of Suez Blend
Egypt may slightly lower the price of its 33° API Suez blend crude, now standing at $28.00/B, according to Egyptian Oil Minister Abd El-Hadi Kandil.
Mr. Kandil, who criticized the deliberations of the OPEC meeting in Geneva which he attended as an observer, told reporters on his return to Cairo on 31 January that "any price cut would be very limited and even made up by slightly raising the prices of heavier Egyptian...
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