VOL. XLIII

No. 02

10 January 2000

EGYPT

Egypt Leaves January Prices Unchanged

Egypt has announced that its January formula prices are unchanged from December. The following table shows the adjustment factor for Egyptian crudes in relation to Dated Brent during the second half of 1999 through to January 2000 ($/B):

1999

2000

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Suez Blend (33º)

-1.70

-1.90

-1.75

-2.05

-1.75

-1.65

-1.65

Ras al-Bihar (33º)

-1.60

-1.70

-1.55

-1.85

-1.65

-1.55

-1.55

Zeit Bay (33º)

-1.65

-1.75

-1.60

-1.90

-1.70

-1.60

-1.60

...