VOL. XLI

No. 31

3-August-1998

LIBYA

Libya Raises August Price Formulas

Libya has raised its August price formulas by up to 55 cents/B for mostof its light crudes, the exception being Bu Attifel and Es Sider, which were raised by 30cents/B and 70 cents/B respectively. Es Sider will now sell at Dated Brent minus 20cents/B, up from Dated Brent minus 90 cents/B in July. Heavy offshore Bouri crude (26API) remained unchanged at Iranian Heavy ex-Sidi Kerir minus 20 cents/B. Libyan priceshave been raised...