VOL. XLII

No. 35

30-August-1999

EGYPT

Egypt Raises September Price Formulas

Egypt has increased the September formula prices for all ofits crudes by 15 cents/B. The following table shows the adjustment factors forEgyptian crudes in relation to Dated Brent during 1999 ($/B):

1999

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Suez Blend (33コ)

-1.30

-1.25

-1.50

-1.60

-1.65

-1.55

-1.70

-1.90

-1.75

Ras al-Bihar (33コ)

-1.20

-1.15

-1.40

-1.50

-1.55

-1.45

...