NO. 17

24 JANUARY 1994


Egypt Raises February Price Formula For Suez Blend

Egypt has raised the price of its Suez Blend marker crude (33ΓΈ 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...