VOL. XLI
No. 35
31 August 1998
LIBYA
Libya Raises September Price Formulas
Libya has raised its September price formulas by 10-15 cents/B. Zueitina, Brega,Sirtica, and Es Sider were marked up by 15 cents/B, while Amna, Bu Attifel and Sarir wereincreased by 10 cents/B. The heavy offshore Bouri crude (26ยบ API) remained unchanged atIranian Heavy ex-Sidi Kerir minus 20 cents/B. The following table shows the adjustmentfactors for Libyan crudes in relation to Dated Brent for 1998 ($/B):
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