VOL. XLII

No. 13

29-MARCH-1999

LIBYA

Libya Reduces April Price Formulas

Libya has reduced its April price formulas by 15-30 cents/Bwith the exception of the offshore Bouri crude, which remained unchanged atIranian Heavy ex-Sidi Kerir minus 20 cents/B. The following table shows theadjustment factors for Libyan crudes in relation to Dated Brent for the secondhalf of 1998 and the first quarter of 1999 ($/B):

...

1998

1999

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

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