VOL. XXXIX

No. 49

2 September 1996

SYRIA

Syria Raises September Crude Prices By 18-28 Cents/B

Syria's state-owned oil company Sytrol has increased the September price formulas for its Syrian Light and Syrian Heavy crudes by 28 cents/B and 18 cents/B respectively. The September price for Syrian Light (36.3ｰ API, 0.73% sulfur) is Dated Brent minus 40 cents/B, while that for Syrian Heavy (24ｰ API, 3.8% sulfur) is Dated Brent minus $2.85/B.

The differentials for Syrian crude against Dated...