VOL. XXXI

NO. 33

23-MAY-1988

OPEC/NON-OPEC

Breakdown of Official Price Structure Could Promote Instability Says PetroFinance

The breakdown of the official price structure and the rise ofspot-price-linked crude sales has given rise to a variety of pricing systems forboth OPEC and non-OPEC crudes. This new trend of market-related pricing usesvarious price formulas that link crudes to prices for Dubai, Oman, Brent, WTI orANS, as shown in the following table which appeared in the April issue of...