24 JANUARY 1994
Egypt Raises February Price Formula For Suez Blend
Egypt has raised the price of its Suez Blend marker crude (33ø API) by 35cents/B against Dated Brent - one of the components of Egypt's pricing formula -for the month of February, but there is no change against the other twocomponents. The pricing formula for Suez Blend since mid-1993 is shown in thetable below ($/B):
_____1994_____ __________________1993_____________________ 1 Feb 1 Jan 1 Dec 1 Nov 1 Oct 1...