VOL. XXXVIII

NO. 48

28 AUGUST 1995

Oil Prices

Egypt Raises September Price Of Suez Blend

Egypt raised the price of its Suez Blend marker crude (33ΓΈ API) forSeptember by 10 cents/B against the Dated Brent component of its Suez Blendpricing formula to Dated Brent minus $1.75/B. The Iranian Heavy componentremained unchanged at minus 20 cents/B while the Suez Blend Spot componentstayed at parity with market prices. The evolution of the Suez Blend pricingformula for September and previous eight months...