VOL. XLII

No. 05

1-February-1999

EGYPT

Egypt Raises February Crude Formulas By 5-10 Cents/B

Egypt has increased its crude price formulas for February by5-10 cents/B. Suez Blend, Ras al-Bihar and Zeit Bay were put up by 5 cents/B,while Belayim, Ras Budran and Ras Gharib were raised by 10 cents/B. Thefollowing table shows the adjustment factors for Egyptian crudes in relation toDated Brent during the second half of 1998 and the first two months of 1999($/B):

1998

1999

Jul

Aug

Sep

...