VOL. XLI

No. 18

4-May-1998

ALGERIA

Algeria Raises May Price Formula

Algeria has increased the price formula for Saharan Blend for May to Dated Brent plus45-46 cents/B from Dated Brent plus 37 cents/B in April. The following table shows theadjustment factors for Algeria's Saharan Blend in relation to Dated Brent for the secondhalf of 1997 and the first five months of 1998 (cents/B):

1997

1998

Saharan

Jul

Aug

Sep

Oct

Nov

Dec

Jan

Feb

Mar

Apr

May

Blend...