VOL.XXXIXNo. 6125 November 1996
EgyptLowers Most Price Formulas For December
Egypthas lowered most of its Decemberpriceformulasby5-25cents/B.SuezBlend,Ras al-Bihar and Zeit Baywerereducedby 25 cents/B against Dated Brent, while Ras Budranwas marked down by 15 cents/B andBelayimwascutby5cents/B.RasGharibremained unchanged from its Novemberprice.
SinceJanuary,the Egyptian GeneralPetroleumCorporation(EGPC)haspricedallof its crudes against DatedBrent(MEES...