VOL. XXXIV

NO. 31

6 MAY 1991

Oil Prices

Libya Cuts May Price Formulas by 10 Cents/B

Libya has lowered its price formulas for some of its crudes for the secondconsecutive month, with May formulas reduced by 10 cents/B. Zueitina and Bregahave been cut by 10 cents/B to Dated Brent plus 60 cents/B, while Sirtica and EsSider were also reduced by the same amount to Dated Brent plus 10 cents/B andDated Brent minus 40 cents/B respectively. Sarir and Amna crudes remainunchanged from April at Dated Brent...