VOL. XLI
No. 17
27-April-1998
EGYPT
Egypt Raises May Price Formulas By 5 Cents/B
Egypt has increased the May price formulas for all its crudes by 5 cents/B. Thefollowing table shows the adjustment factors for Egyptian crudes against Dated Brent forthe second half of 1997 and the first five months of 1998 ($/B):
1997 | 1998 | ||||||||||||
Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | |||
Suez Blend (33ยบ) | -2.10 | -1.95 | -1.90 | -1.70 | -1.70 | -1.30 | -1.30 | -2.10 | ... |
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