VOL. XXXII

NO. 37

19-JUNE-1989

NORTH YEMEN

Crude Oil Prices for Third Quarter

MEES learns that North Yemen's General Department of Crude Oil Marketing hasagreed with its term contract customers on the Marib Light (40.4ΓΈ) thirdquarter price formulas, with deliveries to the US to be priced at WTI minus 85cents/B FOB Ras 'Isa (compared with minus $1.12/B in the second quarter andminus $1.49/B in the first quarter), and deliveries to Europe at Dated Brentplus five cents/B FOB Ras 'Isa (compared with...