VOL. XL
No. 38
22 September 1997
EGYPT
Egypt Raises October Price Formulas
Egypt has raised the October price formulas for all of its crudes by 10-20 cents/B.Suez Blend, Ras al-Bihar and Zeit Bay were put up by 20 cents/B, while Ras Gharib wasincreased by 15 cents/B. Belayim and Ras Budran went up by 10 cents/B. The following tableshows the adjustment factors for Egyptian crudes against Dated Brent for 1997 ($/B):
1997 | ||||||||||
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | |
Suez Blend... |
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