VOL. XLI

No. 09

2 March 1998

ALGERIA

Algeria Cuts March Price Formula

Algeria has reduced the price formula for Saharan Blend for March to Dated Brent plus40 cents/B from Dated Brent plus 47-49 cents/B in February. The following table shows theadjustment factors for Algeria's Saharan Blend in relation to Dated Brent for the secondhalf of 1997 and the first quarter of 1998 (cents/B):

1997

1998

Saharan

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Blend (44º)

+39-40

...