NO. 30

25 APRIL 1994


Upward Adjustment In Egyptian Oil Prices For May

Egypt has raised the price of its Suez Blend marker crude (33ΓΈ API) by 10cents/B against Dated Brent - one of the components of Egypt's pricing formula -for the month of May, but there is no change against the other two components.The evolution of the formula since October 1993 is shown in the table below($/B):

 _______________1994_______________ __________1993__________ 1 May 1 Apr 1 Mar 1 Feb 1 Jan 1 Dec 1 Nov...