NO. 48

29 AUGUST 1994

Oil Prices

UpwardAdjustment in September Price Of Egypt's Suez Blend

Egypt has raisedthe price of its Suez Blend marker crude (33ΓΈ API) by 15 cents/B against DatedBrent - one of the components of Egypt's pricing formula - for the month ofSeptember, but there is no change against the other two components. Theevolution of the Suez Blend price formula in the last eight months is shown inthe table below ($/B):

 1 Sep 1 Aug 1 Jul 1 Jun 1 May 1 Apr 1 Mar 1 FebDated...