VOL. XLII

No. 33

16-August-1999

SYRIA

Syria Increases August Crude Formulas

Syriaç—´ state agency Sytrol has raised the August priceformulas for its Syrian Light and Syrian Heavy crudes by 77 cents/B and 25cents/B respectively. The price formula for Syrian Light crude for August isDated Brent minus 15 cents/B, while that for Syrian Heavy is Dated Brent minus$2.35/B. The following table shows the adjustment factors for Syrian crude inrelation to Dated Brent for the first eight months of 1999 ($/B):...