VOL. XLII

No 45

8-November-1999

OPEC

Pemex Formula Prices For December

Mexicoç—´ Pemex has raised its December price formulas forIsthmus to the Americas by 10 cents/B, but left the formulas for Maya andOlmeca unchanged. For Europe, Maya was reduced by 10 cents/B but Isthmusremained unchanged, while in the Far East Maya was increased by 15 cents/B andIsthmus was marked down by 20 cents/B. The following table gives the adjustmentfactors for Mexican crudes during 1999 ($/B):

K Factor*

Maya

Isthmus...