VOL. XXXIX

No. 43

22 July 1996

OPEC

Egypt Raises August Price Formulas By 10-25 Cents/B

Egypt has increased its August price formulas against Dated Brent by 10-25 cents/B. Suez Blend, Ras al-Bihar and Zeit Bay were raised by 10 cents/B, while Belayim and Ras Budran were marked up by 15 cents/B, and Ras Gharib went up by 25 cents/B. Since January, the Egyptian General Petroleum Corporation (EGPC) has priced all of its crudes against Dated Brent (MEES, 18 December). The following table...