NOS. 13/14

27 DEC 93/3 JAN 94


Egypt Raises January Price Formula

Egypt has raised the price of its Suez Blend marker crude (33ΓΈ API) by 25cents/B against Dated Brent - one of the components of Egypt's pricing formula -for the month of January 1994, but there is no change against the other twocomponents. The pricing formula for Suez Blend for January 1994 and the secondhalf of 1993 is shown in the table below ($/B):

 1994 _____________________1993_____________________ 1 Jan 1 Dec 1...