VOL. XLI

No. 05

2 February 1998

ALGERIA

Algeria Cuts January Price Formula

Algeria has reduced the price formula for Saharan Blend for February to Dated Brentplus 47-49 cents/B from Dated Brent plus 55 cents/B in January. The following table showsthe adjustment factors for Algeria's Saharan Blend in relation to Dated Brent for thesecond half of 1997 and the first two months of 1998 (cents/B):

1997

1998

Saharan

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Blend (44º)

...