VOL. XXXVI

NO. 45

9-AUGUST-1993

OIL PRICES

Syria Raises Price Of Heavy Crude By 5 Cents/B

The price of Syrian Heavy crude oil (24 API, 3.5% sulfur) for the month ofAugust has been raised by 5 cents/B to Dated Brent minus $5.00/B from the Julyprice of Dated Brent minus $5.05/B. The price of Syrian Heavy is set on amonthly basis, unlike Syrian Light (36 API, 0.68% sulfur) which is fixed everytwo months. The price of Syrian Light set earlier for July and August is Es Sider spot minus 35 cents/B (...