NO. 4

30 OCTOBER 1989


Algeria Raises Prices by 10 Cents/B for November

MEES learns that Algeria's Sonatrach has set its crude oil price formula forterm customers in the month of November for both Saharan Blend (44) and Zarzaitine (42) at Dated Brent plus 35 cents/B, an increase of around 10cents/B over October. The total volume of crude exports has also been increasedto 290,000 b/d, or 40,000 b/d over October (MEES, 16 October). This is inaccordance with the increase in...