VOL. XLII

No 44

1-November-1999

ALGERIA

Algeria Raises November Price Formula

Algeria has increased its November price formula for SaharanBlend by 7 cents/B to Dated Brent plus 24 cents/B. The following table showsthe adjustment factors for Saharan Blend in relation to Dated Brent during 1999($/B):

1999

Saharan

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Blend (44ｺ)

+0.37

+0.64

+0.10

+0.20

+0.03-0.06

+0.05

+0.10

+0.45

+0.30

+0.17

+0.24