VOL. XLI

No. 34

24-August-1998

EGYPT

Egypt Raises September Price Formulas By 10-40 Cents/B

Egypt has raised its crude price formulas for September by 10-40 cents/B. Suez Blendwas marked up by 30 cents/B, while Ras al-Bihar, and Zeit Bay were increased by 10cents/B. Belayim, Ras Budran and Ras Gharib were put up by 40 cents/B. The following tableshows the adjustment factors for Egyptian crudes in relation to Dated Brent for 1998($/B):

1998

Jan

Feb

Mar

Apr

May

Jun

Jul

...