VOL. XLIII

No. 03

17 January 2000

OPEC

Pemex Formula Prices For February

Mexicos Pemex has raised its February price formulas for the Americas and reduced them for the Far East. Maya (Gulf) and Olmeca to the Americas were increased by 15 cents/B, leaving Maya (West Coast) and Isthmus unchanged, while Maya and Isthmus to the Far East were cut by 40 cents/B and 25 cents/B respectively. The formulas for Europe were unchanged. The following table gives the adjustment factors for Mexican crudes during...