VOL. XLI

No. 31

3-August-1998

YEMEN

Yemen Raises September Price For Masila Crude: Marib Remains Unchanged

Yemens oil marketing authorities have raised the monthly priceformula for Masila crude for September by 85 cents/B to Dated Brent minus $0.80/B comparedto minus $1.65/B for August. Marib Light remains unchanged at its 3Q setting of paritywith Dated Brent. Yemen sets the price of its Masila crude on a monthly basis, while MaribLight is set quarterly. The following table shows the adjustment...