VOL. XXXV

NO. 14

6 JANUARY 1992

Oil Prices

No Change in Libyan Price Formulas for January

Libya's National Oil Corporation (NOC) has rolled over the January priceformulas for all its light crudes unchanged from the December level. NOC hasalso kept unchanged the heavier offshore Bouri (26 API) crude, which is pricedat Iranian Heavy (delivery Sidi Kerir) minus 30 cents/B. The following tableshows the adjustments factors for the various Libyan light crudes in relation toDated Brent during January...