VOL. XLI

No. 32

10-August-1998

SYRIA

Syria Raises Crude Formula Prices For August

MEES learns that Syria's state agency Sytrol has raised the August price formulafor Syrian Light to Dated Brent minus $0.13/B, compared to minus $1.65/B in July. Sytrolhas also increased the price formula for Syrian Heavy to Dated Brent minus $3.40/B,compared to minus $4.00/B last month. The following table shows the adjustment factors forSyrian Light and Syrian Heavy crudes in relation to Dated Brent during 1998...