VOL. XXXVI
NO. 20
15 FEBRUARY 1993
OIL PRICES
Syria Reduces February Prices of Light and Heavy Crudes
MEES learns that Syria has reduced the prices of both its Syrian Light crude(36.5 API, 0.68% sulfur) and heavy Suwaidiyah crude (24 API, 3.8% sulfur)for the month of February. In conformity with the new practice of setting theprice of Syrian Light on a two-monthly basis from the beginning of 1993 (insteadof quarterly as previously), the price formula for Syrian Light was originallyset at Es Sider...
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