VOL. XLI
No. 49
7-December-1998
EGYPT
Egypt Raises December Crude Formulas
Egypt has raised its crude price formulas for December by 20-40cents/B. Suez Blend rose by 40 cents/B, while Belayim, Ras Budran and Ras Gharib wereincreased by 30 cents/B, and Ras al-Bihar, and Zeit Bay were marked up 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 | Dec | |
Suez Blend (33ยบ) | ... |
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