VOL. XLIII
No. 04
24 January 2000
EGYPT
Egypt Reduces February Price Formulas
Egypt has reduced is February prices by 10-25 cents/B. The following table shows the adjustment factors for Egyptian crudes in relation to Dated Brent during the second half of 1999 and the first two months of 2000 ($/B):
1999 | 2000 | |||||||||||
Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | |||||
Suez Blend (33º) | -1.70 | -1.90 | -1.75 | -2.05 | -1.75 | -1.65 | -1.65 | -1.85 | ||||
Ras al-Bihar (33º) | -1.60 | -1.70 | -1.55 | -1.85 | -1.65 | -1.55 | -1.55 | -1.65 | ||||
Zeit Bay (33º) | -1.65 | -1.75 | -1.60 | -1.90 | -1.70 | -1.60 | -1.60 | -1.70 | ||||
... | ||||||||||||
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