VOL. XLIII

No. 05

31 January 2000

ALGERIA

Algeria Keeps February Price Formula Unchanged

Algeria has left its February price formula for Saharan Blend unchanged at Dated Brent plus 70 cents/B. The following table shows the adjustment factors for Saharan Blend in relation to Dated Brent during the second half of 1999 and the first two months of February 2000 ($/B):

1999

2000

Saharan

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Blend (44ยบ)

+0.10

+0.45

+0.30

+0.17

+0.24

+0.44

+0.70

+0.70