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 |
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