VOL. XL No. 2126 May 1997
EGYPT
Egypt Raises June Price Formulas
Egypt has raised the June price formulas for all of its crudes by 5-15cents/B. Suez Blend, Belayim, Ras Budran and Ras Gharib were increased by15 cents/B, while Ras al-Bihar and Zeit Bay were put up by 5 cents/B. Thefollowing table shows the adjustment factors for Egyptian crudes against DatedBrent for the fourth quarter of 1996 and the first half of 1997 ($/B):
1996 | 1997 | |||||||||
Oct | Nov | Dec | Jan | Feb | Mar | Apr... |
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