VOL. XLI

No. 43

26-October-1998

EGYPT

Egypt Lowers November Price Formulas By 10-20 Cents/B

Egypt has lowered its crude price formulas for November by 10-20cents/B. Suez Blend was marked down by 15 cents/B, while Ras al-Bihar, and Zeit Bay werelowered by 10 cents/B. Belayim, Ras Budran and Ras Gharib were cut by 20 cents/B. Thefollowing table shows the adjustment factors for Egyptian crudes in relation to DatedBrent for 1998 ($/B):

1998

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov...