VOL. XL
No. 30
28 July 1997
EGYPT
Egypt Raises August Price Formulas
Egypt has raised the August price formulas for all of its crudes by 5-45 cents/B. SuezBlend was increased by 15 cents/B, while Ras al-Bihar and Zeit Bay were put up by 5cents/B. Ras Budran and Ras Gharib went up by 40 cents/B and Belayim was raised by 45cents/B. The following table shows the adjustment factors for Egyptian crudes againstDated Brent for 1997 ($/B):
1997 | |||||||||
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | ||
Suez Blend (33ยบ) | ... |
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