Yemen Raises December Price Formulas
Yemens oil marketing authorities have raised the monthly priceformulas for the Marib Light and Masila crudes for December. Marib Light, the formulaprice for which is set quarterly but reviewed monthly, was increased by 10 cents/B toDated Brent plus 10 cents/B, while Masila was raised by 30 cents/B to Dated Brent minus 65cents/B.
MEES learns that crude lifters for December are as follows: Masila- Vitol (450,000 bls.);...