VOL. XL
No. 9
3-March-1997
EGYPT
Egypt Cuts Some Price Formulas For March
Egypt has reduced the March price formulas for three of its crudes by 15 cents/B. Suez Blend, Ras al-Bihar and Zeit Bay were cut by 15 cents/B while Belayim, Ras Budran and Ras Gharib remained unchanged from February. The following table shows the adjustment factors for Egyptian crudes against Dated Brent for the second half of 1996 and the first quarter of 1997 ($/B):
1996 | 1997 | |||||||||
Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb... |
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!