VOL. XLII

No. 05

1-February-1999

YEMEN

Yemen Raises March Crude Price Formulas By 5-10 Cents/B

Yemenç—´ oil marketing authorities have increased the monthlyprice formulas for their Marib Light and Masila crudes for February. MaribLight was raised by 10 cents/B and priced at Dated Brent plus 30 cents/B, whileMasila was marked up by 5 cents/B to Dated Brent minus 25 cents/B. Yemeni crudeoil production now averages 370,000 b/d broken down as follows: Masila, 200,000b/d; Marib, 125,000 b/d; Jannah,...