Syria Raises October Formula Price For Heavy Crude
Syrias state agency Sytrol has increased the October priceformula for its Syrian Heavy crude by 5 cents/B to Dated Brent minus $3.00/B. The Octoberprice formula for Syrian Light was reached earlier in the month and set at Dated Brentminus 60 cents/B. The following table shows the adjustment factors for Syrian Light andSyrian Heavy in relation to Dated Brent during 1998 ($/B):
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