VOL. XXXV

NO. 22

2 MARCH 1992

Oil Prices

No Change in Libyan Oil Price Formulas for March

Libya's National Oil Corporation (NOC)has rolled over the March price formulas for all its light crudes, with nochanges from February levels. The March price formula for the heavier offshoreBouri (26 API) crude, has also been left unchanged at Iranian Heavy (delivery Sidi Kerir) minus 30 cents/B. The following table shows the adjustment factorsfor the various Libyan light crudes in relation to Dated Brent...