VOL. XXXVI

NO. 18

1 FEBRUARY 1993

EGYPT

Suez Blend February Price Formula Down 40 Cents/B against Dated Brent

Egypt has lowered the price of its Suez Blend marker crude (38 API) by 40cents a barrel against Dated Brent - one of the components of Egypt's pricingformula - for the month of February, but there is no change against the othertwo components. This is the second 40-cent/B drop in the Suez Blend priceformula in two months, as shown in the table below:

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