NO. 26

1 APRIL 1991

Oil Prices

Libya Cuts April Price Formulas by 15-20 Cents/B

As a result of the current weaker prices for lighter crudes, Libya too haslowered its formulas for April on some crudes by 15-20 cents/B. Zueitina andBrega have been cut by 20 cents each to Dated Brent plus 70 cents/B and Sirticaby 20 cents to Dated Brent plus 20 cents/B. Es Sider remains unchanged at DatedBrent minus 30 cents/B, while Sarir and Amna have been reduced by 15 cents toDated Brent minus $1.45/B...