VOL. XLI

No. 18

4-May-1998

SYRIA

Syria Raises May Formula Price For Light Crude

Syria's state agency Sytrol has increased the May price formula for Syrian Light by 5cents/B to Dated Brent minus 65 cents/B. Syrian Heavy will remain unchanged at Dated Brentminus $4.07/B for May. The following table shows the adjustment factors for Syrian Lightand Syrian Heavy in relation to Dated Brent for the second half of 1997 and the first fivemonths of 1998 ($/B):

1997

1998

Jul

Aug

Sep

...