No 51



Pemex Formula Prices For January

Mexicoç—´ Pemex has raised is January price formulas by 5-50cents/B. For the Americas, Isthmus, Olmeca and Maya crudes increased by 10cents/B, 15 cents/B and 20 cents/B respectively. For Europe, Maya was marked upby 20 cents/B and Isthmus by 30 cents/B. Shipments to the Far East were raisedby 5 cents/B for Maya and 50 cents/B for Isthmus. The following table gives theadjustment factors for Mexican crudes during 1999 and the...