VOL. XLI

No. 02

12 January 1998

SYRIA

Syria's Heavy Crude Remains Unchanged For January

Syria's state agency Sytrol has kept the January price formulafor its Syrian Heavy crude unchanged at Dated Brent minus $3.90/B. Syrian Light crude isat parity with Dated Brent. The following table shows the adjustment factors for SyrianLight and Syrian Heavy in relation to Dated Brent for the second half of 1997 and thefirst month of 1998 ($/B):

1997

1998

Jul

Aug

Sep

Oct

Nov

Dec

Jan

...