VOL. XXXVII

NO. 2

11-OCTOBER-1993

OIL PRICES

Syria Reduces Price Of Heavy Crude

The price of Syrian Heavy crude (24 API, 3.8% sulfur) for the month ofOctober has been reduced by 8 cents/B to dated Brent minus $4.95/B from theSeptember price of Dated Brent minus $4.87/B. The price of Syrian Heavy is seton a monthly basis, whereas that of Syrian Light (36 API, 0.68% sulfur) is setevery two months. The price of Syrian Light for September and October wasearlier set at Es Sider spot minus 30 cents/B,...