VOL. XLII

No 48

29-November-1999

SYRIA

Syria Raises December Price Formulas

Syriaç—´ state agency Sytrol has increased the December priceformulas for Syrian Light and Syrian Heavy crudes by 28 cents/B and 10 cents/Brespectively. Syrian Light will sell for Dated Brent minus 10 cents/B, whilethe formula for Syrian Heavy is Dated Brent minus $2.15/B. The following tableshows the adjustment factors for Syrian crude in relation to Dated Brent during1999 ($/B):

1999

Jan

Feb

Mar

Apr

May

...