VOL. XLII

No. 11

15-March-1999

YEMEN

Yemen Crude Price Formulas For April

Yemenç—´ oil marketing authorities have left the April priceformula for Marib Light unchanged at Dated Brent plus 30 cents/B, but reducedthe price formula for Masila by 22 cents/B to Dated Brent minus 47 cents/B. Thefollowing table shows the adjustment factors for Marib Light and Masila gradesin relation to Dated Brent during the second half of 1998 and the first fourmonths of 1999 ($/B):

1998 1999

Jul

Aug

Sep

...