VOL. XXXIII

NO. 28

16-APRIL-1990

Oil Prices

Libya: 2Q Price Formula

MEES learns from authoritative sources that Libya's price formula for thesecond quarter of 1990 provides for an increase of 10 cents/B for Es Sider andand 5 cents/B for Zueitina as compared with the first quarter of the year, withthe other crudes remaining essentially unchanged. The following table shows the2Q adjustment factors for the various Libyan crudes in relation to the DatedBrent spot price yardstick, as compared with 1Q...