NO. 39



Syria Cuts Light Price, Raises Heavy

The price of Syrian Light crude (36 API, 0.68% sulfur) for the months of July and August has been cut by 15 cents/B to Es Siderspot minus 35 cent/B from the May-June price of Es Sider minus 20 cents/B, whilethat of Syrian Heavy crude (24 API, 3.8% sulfur) for July has been raised by 5cents/B to Dated Brent minus $5.05/B from the June price of Dated Brent minus$5.10/B. The price of Syrian Light is set on a two-monthly basis...