VOL. XLII

No. 23

7-June-1999

LIBYA

Libya Leaves June Price Formulas Unchanged

Libyaç—´ June price formulas will remain unchanged from May,including the offshore Bouri crude which is set at Iranian Heavy ex-Sidi Kerirminus 20 cents/B. The following table shows the adjustment factors for Libyancrudes in relation to Dated Brent for the second half of 1998 and the firsthalf of 1999 ($/B):

1998

1999

Jul

Aug

Sep

 Oct Nov Dec Jan Feb Mar Apr May Jun

Zueitina

-0.65

-0.10

...