EGYPT

Oil Prices for August Remain Unchanged 

Mr. Hammad Ayoub, the Oil Marketing Manager of the Egyptian General Petroleum Corporation (EGPC), said in Cairo on 13 August that Egypt has decided to keep its oil export prices for August at the July levels, although he again gave no prices for individual crudes. The July prices were reduced by $1.50-2.00 a barrel from the last official postings announced in May and made retroactive to April (MEES, 29 April, 6 and 20 May, 22 July and 5...