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):
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