13 January 1997
Syria Reduces Light Crude Price For January
Syria's state-owned oil company Sytrol has reducedthe January price formula for its Syrian Light crude by 30 cents/B and left the priceformula for Syrian Heavy unchanged from December. For January, Syrian Light (36.3º API,0.73% sulfur) will sell for Dated Brent minus 35 cents/B, while Syrian Heavy (24º API,3.8% sulfur) will sell at Dated Brent minus $4.75/B.
The differentials for Syrian crude against DatedBrent for the...