VOL. XXXVIII

NO. 40

3 JULY 1995

Oil Prices

Syria Lowers July Price For Light Crude

The price formula for Syrian Light (36.3ø API, 0.73% sulfur) for the monthof July has been lowered by 7 cents/B against Dated Brent, while that of SyrianHeavy (24ø API, 3.8% sulfur) has remained unchanged from its June level. Thedifferentials against Dated Brent for both crudes for July and the previous ninemonths are shown in the table below ($/B):

 ____________________1995____________________ _____1994_____ Jul Jun...