VOL. XLI

No. 44

2-November-1998

ALGERIA

Algeria Cuts November Price Formula

Algeria has reduced the November price formula for its Saharan Blend by33 cents/B to Dated Brent plus 10 cents/B. The following table shows the adjustmentfactors for Algerias Saharan Blend in relation to Dated Brent during 1998 (cents/B):

1998

Saharan

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Blend (44ยบ)

+55

+47-49

+40

+37

+45-46

+20

- *

+34

+43

+43

+10

* No OSP.

Copyright 1998 Middle East...