VOL. XLII
No. 26
28-June-1999
LIBYA
Libya Cuts July Price Formulas By 20 Cents/B
Libya has cut its July price formulas by 20 cents/B, withthe exception of that for offshore Bouri crude which remains at Iranian Heavyex-Sidi Kerir minus 20 cents/B. The following table shows the adjustmentfactors for Libyan crudes in relation to Dated Brent for the first seven monthsof 1999 ($/B):
1999 | |||||||
Jan | Feb | Mar | Apr | May | Jun | Jul | |
Zueitina (39ー ) | -0.05 | +0.20 | Parity | -0.20 | -0.25 | -0.25... |
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