VOL. XLII

No. 20

17-May-1999

SYRIA

Syria Reduces May Heavy Crude Formula

Syriaç—´ state agency Sytrol has reduced the May priceformula for Syrian Heavy crude by 10 cents/B to Dated Brent minus $2.60/B.Syrian Light for May was set earlier this month at Dated Brent minus 85cents/B. The following table shows the adjustment factors for Syrian crude inrelation to Dated Brent for the second half of 1998 and the first five monthsof 1999 ($/B):

1998

1999

Jul

Aug

Sep

Oct

Nov

Dec

...