VOL. XLI

No. 01

5 January 1998

EGYPT

Egypt Leaves January Price Formulas Unchanged

Egypt has left its price formulas for January unchanged from their December postings.The following table shows the adjustment factors for Egyptian crudes against Dated Brentfor the second half of 1997 and January 1998 ($/B):

1997

1998

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Suez Blend (33º)

-2.10

-1.95

-1.90

-1.70

-1.70

-1.30

-1.30

Ras al-Bihar (33º)

-1.95

-1.90

-1.85

...