No. 35

27 May 1996


Syria Raises June Crude Prices

Syria's state-owned oil company Sytrol has raised the June price formulas for its crude oils. Syrian Light (36.3ー API, 0.73% sulfur) was increased by 18 cents/B to Dated Brent minus 30 cents/B and Syrian Heavy (24ー API, 3.8% sulfur) was marked up by 25 cents/B to Dated Brent minus $2.55/B. The differentials for Syrian crude against Dated Brent are shown in the table below ($/B):