2AUGUST 1993


August Price Up For Suez Blend And Heavier Crudes

Egypthas raised the price of its Suez Blendmarkercrude

(33API)by10 cents/B against Dated Brent - one of the components of Egypt's pricing formula- forthemonthof

August,butthere is no changeagainst the other two components.The pricing formula for Suez Blend for thefirst

eight months of the year is as follows($/B):


1 Aug1 July1 Jun 1 May1 Apr1 Mar1Feb1 Jan