VOL. XLI

No. 21

25 May 1998

ALGERIA

Algeria Reduces June Price Formula

Algeria has reduced the price formula for Saharan Blend for June to Dated Brent plus 20cents/B from Dated Brent plus 45-46 cent/B in May. The following table shows theadjustment factors for Algeria's Saharan Blend in relation to Dated Brent for the firsthalf of 1998 (cents/B):

1998

Saharan

Jan

Feb

Mar

Apr

May

Jun

Blend (44º)

+55

+47-49

+40

+37

+45-46

+20