VOL. XLII

No. 05

1-February-1999

LIBYA

Libya Raises February Price Formulas By 25-30 Cents/B

Libya has increased its February price formulas by 25-30cents/B. Zueitina, Es Sider, Bu Attifel, Amna and Sarir were marked up by 25cents/B, while Brega, Sirtica and Esharara were raised by 30 cents/B. Only theoffshore Bouri crude remained unchanged at Iranian Heavy ex-Sidi Kerir minus 20cents/B. The following table shows the adjustment factors for Libyan crudes inrelation to Dated Brent for the second...