30 NOVEMBER 1992
Egypt Raises December Crude Oil Prices by 5-10 Cents a Barrel
Egypt has raised the price of its Suez Blend marker crude (33 API) by 5cents a barrel against Dated Brent - one of the components of Egypt's pricingformula - for the month of December, but there is no change against the othertwo components. The pricing formula for Suez Blend for the second half of 1992is as follows:
1 Dec 1 Nov 1 Oct 1 Sep 1 Aug 1 Jul Dated Brent (60) -2.40 -2.45 -2.70 -2.80...