VOL. XXXI
NO. 34
30-MAY-1988
NORTH YEMEN
North Yemen Raises Premium for Second Half Crude Sales
MEES learns that the North Yemen General Department of Crude Oil Marketinghas increased the premium on the price formula for Alif crude sales for thesecond half of the year by 10 cents/B. The new price formula proposed by San'ais based on Platt's spot quotations for a 50-50 average of Dated Brent and Dubaicrudes with a five-day average - two days before through two days after theloading date - plus 75...
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