VOL. XL No. 185-May-1997

EGYPT

1996 Egyptian Crude Oil Prices

The 1996 average price of Egypt's Suez Blend marker crude was $18.78/B,according to a recent issue of the monthly al-Bitrul magazine published by theEgyptian General Petroleum Corporation (EGPC). The comparable average price ofSuez Blend in 1995 was $15.70/B (MEES, 12 February 1996). Suez Blend's 1996highest monthly average price was $22.107/B in October and the lowest was$16.505/B in January (see table below). The 1995 average prices...