VOL. XXXII

NO. 3

24 OCTOBER 1988

EGYPT

Oil Price Raised by 30 Cents/B for Second Half of October

Egypt has decided to raise the prices of its various grades of crude oil by30 cents a barrel for the period 16-31 October. This is the first increase inprices since August and comes after four successive price cuts. The movements inEgyptian oil prices since August are shown in the table below (credit terms 60days):

 16 Oct 1 Oct 16 Sept 1 Sept 16 Aug 1 Aug ($/B) ($/B) ($/B) ($/B) ($/B) ($/B) Suez Blend...