VOL. XLII

No. 23

7-June-1999

ALGERIA

Algerian Price Formula For June

Algeria has set the June price formula for its Saharan Blendat Dated Brent plus 5 cents/B. The following table shows the adjustment factorsfor Saharan Blend in relation to Dated Brent during the first half of 1999($/B):

1999

Saharan

Jan

Feb

Mar

Apr

May

Jun

Blend (44ｰ )

+0.37

+0.64

+0.10

+0.20

+0.03-0.06

+0.05