VOL. XXXIV
NO. 10
10 DECEMBER 1990
Oil Prices
Libya Lowers Price Formula for December
Libya has lowered the price formula for all its crudes for the month ofDecember in order to reflect spot market prices more closely. The price of thewidely traded and much quoted Es Sider crude (37 API), produced by WahaCompany, has been cut by 20 cents/B to Dated Brent minus 30 cents/B. The waxierSarir and Amna crudes are now priced at Dated Brent minus $1.30/B and DatedBrent minus $1.40/B, respectively....
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