No. 44

29 July 1996


Raises August Crude Prices By 4-12 Cents/B

Syria's state-owned oil company Sytrol has increased the August price formulas for its Syrian Light and Syrian Heavy crudes by 12 cents/B and 4 cents/B respectively. The August price for Syrian Light (36.3ー API, 0.73% sulfur) is Dated Brent minus 68 cents/B, while that for Syrian Heavy (24ー API, 3.8% sulfur) is Dated Brent minus $3.03/B. The differentials for Syrian crude against Dated Brent for August and...