No. 5

30 October 1995


Syria Lowers November Crude Prices

Syria's state-owned oil company Sytrol has lowered the price formulas for both its light and heavy crude oils for the month of November. Syrian Light crude (36.3ー API, 0.73% sulfur) was reduced by 12 cents/B and will sell at Dated Brent minus 43 cents/B for November. The price of Syrian Heavy (24ー API, 3.8% sulfur) for November liftings was cut by 15 cents/B to Dated Brent minus $3.05/B. The differentials for Syrian...