VOL. XXXVI

NO. 35

31 MAY 1993

OIL PRICES

Egypt Reduces June Price Of Suez Blend Marker By 5 Cents/B

Egypt has reducedthe price of its Suez Blend marker crude (33 API) by 5 cents/B against DatedBrent - one of the components of Egypt's pricing formula - for the month ofJune, but there is no change against the other two components. The pricingformula for Suez Blend for the first six months of 1993 is as follows ($/B):

 __________________1993_____________________ 1 Jun 1 May 1 Apr 1 Mar 1 Feb 1 Jan...