VOL. XLI

No. 14

6 April 1998

LIBYA

Libya Leaves Crude Price Formulas Unchanged For April

Libya has left its April crude price formulas unchanged from March, including that forheavy offshore Bouri crude (26ยบ API) at Iranian Heavy ex-Sidi Kerir minus 20 cents/B. The following table showsthe adjustment factors for Libyan crudes in relation to Dated Brent for the second half of1997 and the first four months of 1998 ($/B):

1997

1998

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

...