VOL. XXXVII

NO. 33

16-MAY-1994

Syria

Price of SyrianLight Down But That Of Heavy Up

The price formulafor Syrian Light crude (36.3 API, 0.73% sulfur) has been reduced by 38 cents/Bto Dated Brent minus 60 cents/B in June from Dated Brent minus 22 cents/B inMay, while that of Syrian Heavy crude (24 API, 3.8% sulfur) has been raisedby 5 cents/B to Dated Brent minus $2.90/B in June from Dated Brent minus $2.95/Bin May. The differentials for both Syrian Light and Heavy against Dated Brentsince January...