VOL. XLII
No. 02
11-January-1999
LIBYA
Libya Raises January Price Formulas
Libya has increased its January price formulas. Brega and Eshararacrude were marked up by 15 cents/B while all other crudes were increased by 10 cents/Bwith the exception of the offshore Bouri crude which remained unchanged at Iranian Heavyex-Sidi Kerir minus 20 cents/B. The following table shows the adjustment factors forLibyan crudes in relation to Dated Brent for the last six months of 1998 and the firstmonth of 1999...
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