VOL. XLII

No. 05

1-February-1999

ALGERIA

Algeria Raises February Price Formula By 27 Cents/B

Algeria has raised the February price formula for itsSaharan Blend by 27 cents/B to Dated Brent plus 64 cents/B. The following tableshows the adjustment factors for Algeriaç—´ Saharan Blend in relation to DatedBrent during the second half of 1998 and the first two months of 1999 ($/B):

...

1998

1999

Saharan

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Blend (44ｺ)

- *

+0.34

+0.43

+0.43