VOL. XXXIV

NO. 5

5 NOVEMBER 1990

Oil Prices

Libyan Price Formula for November

As a result of the current price volatility, Libya has decided to revise itsprice formula on a monthly basis instead of the previous quarterly changes. TheNovember price formulas are generally lower than those of the previous month,particularly for the waxier crudes such as Sarir and Amna, with Es Sider (37API) priced at Dated Brent minus $0.10/B instead of the previous plus $0.20/B; Sarir (36 API) at Dated Brent minus...