NO. 26

30 MARCH 1992

Oil Prices

Libya Reduces Price Formulas 5-20 Cents/B for April

Libya's National Oil Corporation (NOC)has reduced the April price formulas for all its crudes, with the highest cut of20 cents/B applied to Sirtica which now stands at Dated Brent minus 15 cents/Brather than Dated Brent plus 5 cents/B for March. Zueitina was reduced 15cents/B to Dated Brent plus 40 cents/B, while Brega and Es Sider were lowered 10cents/B each to Dated Brent plus 40 cents/B and Dated Brent...