VOL. XLI

No. 39

28-September-1998

EGYPT

Egypt Raises October Price Formulas By 5-15 Cents/B

Egypt has raised its crude price formulas for October by 5-15 cents/B.Suez Blend was marked up by 15 cents/B, while Ras al-Bihar, and Zeit Bay were increased by10 cents/B. Belayim, Ras Budran and Ras Gharib were put up by 5 cents/B. The followingtable shows the adjustment factors for Egyptian crudes in relation to Dated Brent for 1998($/B):

1998

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

 ...