No. 15

8 January 1996


Syria Raises January Crude Prices

Syria's state-owned oil company Sytrol has raised the formula prices for both its light and heavy crude oils for the month of January. Syrian Light crude (36.3ー API, 0.73% sulfur) was increased by 26 cents/B and will sell at Dated Brent minus 4 cents/B for January. The price of Syrian Heavy (24ー API, 3.8% sulfur) for January liftings was raised by 20 cents/B to Dated Brent minus $2.80/B. The differentials for...