VOL. XLI
No. 45
9-November-1998
SYRIA
Syria Reduces November Price Formulas
Syrias state agency Sytrol has reduced the November priceformulas for its Syrian Light and Syrian Heavy crudes by 5 cents/B and 30 cents/Brespectively to Dated Brent minus 65 cents/B and Dated Brent minus $3.30/B. MEESlearns that Syrian exports now amount to slightly more than 300,000 b/d. The followingtable shows the monthly adjustment factors for Syrian Light and Syrian Heavy in relationto Dated Brent during 1998...
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