VOL. XLII

No 40

4-October-1999

SYRIA

Syria Cuts October Price Formula For Light Crude

Syriaç—´ state agency Sytrol has reduced the October priceformula for its Syrian Light crude by 25 cents/B to Dated Brent minus 60cents/B. The price formula for Syrian Heavy for October is expected to settle15 cents/B lower at Dated Brent minus $2.30/B. The following table shows theadjustment factors for Syrian crude in relation to Dated Brent during 1999($/B):

...

1999

Jan

Feb

Mar

Apr

May

Jun

Jul