VOL. XXXIV

NO. 35

3 JUNE 1991

Oil Prices

Libya Reduces June Price Formulas

Libya has reduced the price formulas for some of its crudes for the thirdconsecutive month. Zueitina and Brega have been cut by 40 cents/B to Dated Brentplus 20 cents/B, while Sirtica was reduced 10 cents/B to parity with DatedBrent. Es Sider was cut 20 cents/B to Dated Brent minus 60 cents/B, and Sarirand Amna remain unchanged at Dated Brent minus $1.45/B and minus $1.55/Brespectively. The heavier offshore Bouri crude was...