VOL. XXXVII

NO. 5

1-NOVEMBER-1993

Oil Prices

Syria Raises Price Of Light Crude, Heavy Unchanged

The price of Syrian Light crude (36ΓΈ API, 0.68% sulfur) for the months ofNovember and December has been raised by 2.5 cents/B to Es Sider spot minus 27.5cents/B fob Syria from the September-October price of Es Sider spot minus 30cents/B, with a floor of Dated Brent minus 95 cents/B and a ceiling of DatedBrent minus 75 cents/B. The floor/ceiling link with Dated Brent is not entirelynew, but both Syria...