VOL. XLII
No 49
6-December-1999
LIBYA
Libyan Raises December Price Formulas
Libya has increased the December price formulas by 20cents/B for all of its crudes including the offshore Bouri crude which forDecember is at parity with Iranian Heavy ex-Sidi Kerir. The following tableshows the adjustment factors for Libyan crudes in relation to Dated Brentduring 1999 ($/B):
1999 | ||||||||||||
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
Zueitina | -0.05 | +0.20 | Parity | -0.20 | ... |
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