4 March 1996
Syria Reduces March Price For Light, Raises Heavy
Syria's state-owned oil company Sytrol has lowered the March price formula for its Syrian Light crude (36.3ｰ API, 0.73% sulfur) by 15 cents/B to parity with Dated Brent and raised the price of Syrian Heavy by 5 cents/B to Dated Brent minus $2.55/B.
The differentials for Syrian crude against Dated Brent are shown in the table below ($/B):
_______1996______ ____________________1995________ Mar Feb...