VOL. XXXIII

NO. 42

23 JULY 1990

Egypt

Egypt Raises Oil Prices by $2.00/B for Second Half of July

Egypt has raised the prices of its various grades of crude oil by $2.00 abarrel for the period 16-31 July. This follows two price cuts totaling $2.85 abarrel since the end of May. These price movements are shown in the table below(credit terms 60 days):

 16 July 16 June 1 June 16 May ($/B) ($/B) ($/B) ($/B)Ras al-Bihar (33) 14.30 12.30 13.30 15.15Suez Blend (33ø) 14.00 12.00 13.00 14.85Belayim (26ø)...