VOL. XXXIX No. 62 2 December 1996SYRIA

Syrian Crude Prices For December

Syria's state-owned oil company Sytrol has reduced the December price formula for its Syrian Heavy crude by 85 cents/B and left the price formula for Syrian Light unchanged. The December price for Syrian Light (36.3ー API, 0.73% sulfur) is Dated Brent minus 5 cents/B, while that for Syrian Heavy (24ー API, 3.8% sulfur) is Dated Brent minus $4.75/B. The differentials for Syrian crude against Dated Brent for 1996 are shown...