VOL. XL

No. 41

13 October 1997

SYRIA

Syrian Prices For October

Syria's state agency Sytrol has raised the October price formula for its Syrian Lightcrude by 10 cents/B and reduced the price formula for Syrian Heavy by 5 cents/B. ForOctober, Syrian Light (36.3º API, 0.73% sulfur) will sell for Dated Brent minus 55cents/B, while Syrian Heavy (24ºAPI, 3.8% sulfur) is priced at Dated Brent minus $3.80/B.The differentials for both crudes for 1997 are shown in the table below ($/B):

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1997

Jan