No. 18

29 January 1996


Syria Raises February 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 February. Syrian Light crude (36.3ー API, 0.73% sulfur) was increased by 19 cents/B and will sell at Dated Brent plus 15 cents/B for February. The price of Syrian Heavy (24ー API, 3.8% sulfur) for February liftings was raised by 20 cents/B to Dated Brent minus $2.60/B. The differentials for...