NO. 26

27 MARCH 1995

Oil Prices

Egypt Adjusts April Oil Prices

Egypt has raised the price of its Suez Blend marker crude (33ΓΈ API) by 20cents/B against Dated Brent but lowered it by 30 cents/B against Iranian Heavyfor the month of April. Dated Brent and Iranian Heavy are two of threecomponents in the Suez Blend pricing formula. There is no change against thethird component, Suez Blend Spot. The evolution of the Suez Blend pricingformula over the last eight months is shown in the table...