VOL. XXXVIII

NOS. 13/14

26 DEC 94/2 JAN 95

Syria

January Price of Syrian Light Unchanged; Heavy Up 25 Cents/B

The price formula for Syrian Light crude (36.3ø API, 0.73% sulfur) for themonth of January 1995 has remained un- changed at Dated Brent minus 10 cents/B,but that for Syrian Heavy (24ø API, 3.8% sulfur) has been raised to Dated Brentminus $2.10/B. The differentials against Dated Brent for both crudes for thelast twelve months are shown in the table below ($/B):

 1995...