VOL. XXXIII
NO. 49
10-SEPTEMBER-1990
Oil Prices
Yemen Proposes New Price Formula for 4Q
MEES learns that Yemen's General Department of Crude Oil Marketing hasproposed to term customers a new price formula for Marib Light crude (40.4API) for the fourth quarter based on parity with Nigeria's B-B-Q, currentlypriced at Dated Brent plus 60-70 cents. It is understood that depending on thereaction of the customers to this new formula, and the financial and productneeds of the country, the Yemen...
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