VOL. XL No. 1728-April-1997


Syria Raises Prices Of Light And Heavy Crudes

Syria's state agency Sytrol has raised the Mayprice formula for its Syrian Light crude by 13 cents/B and that of Syrian Heavyby 5 cents/B. For May Syrian Light (36.3ー API, 0.73% sulfur) will sell forDated Brent minus 82 cents/B, while Syrian Heavy (24ー API, 3.8% sulfur) ispriced at Dated Brent minus $4.65/B. The differentials for both crudes againstdated Brent for the fourth quarter of 1996 and the first five months...