NO. 22

1 MARCH 1993


Suez Blend March Price Formula Down 10 Cents/B against Dated Brent

Egypt has lowered the price of its Suez Blend marker crude (33 API) by 10cents a barrel against Dated Brent - one of the components of Egypt's pricingformula - for the month of March, but there is no change against the other twocomponents. The pricing formula for Suez Blend for the first three months of1993 is as follows ($/B):

 ________1993__________ 1 Mar 1 Feb 1 Jan Dated Brent (60) -3.30...