VOL. XXXIV

NO. 51

23-SEPTEMBER-1991

Yemen

Yemen Increases 4Q Crude Price Formula by 3 Cents/B

Yemen's crude oil marketing authorities have increased the fourth quarterprice formula for Marib Light (40.4 API) crude to Dated Brent plus 10 cents/B,compared to Dated Brent plus 7 cents/B during the third quarter, Dated Brentplus 5 cents/B during the second quarter and Dated Brent plus 25 cents/B duringthe first quarter. The Yemeni prices for all destinations are FOB Ras 'Isa anddetermined at around...