VOL. XXXIX No. 52 23 September 1996EGYPT
Egyptian Price Formulas For October Egypt has increased its October price formulas for Suez Blend, Ras al-Bihar and Zeit Bay by 10 cents/B against Dated Brent, leaving Belayim, Ras Budran and Ras Gharib unchanged. Since January, the Egyptian General Petroleum Corporation (EGPC) has priced all of its crudes against Dated Brent (MEES, 18 December). The following table shows the adjustment factors for Egyptian crudes against Dated Brent for 1996 ($/B):
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