No. 49



Libya Raises Some December Price Formulas

Libya has increased some of its December price formulas by 5-15cents/B. Amna and Sarir were marked up by 15 cents/B, Bu Attifel went up by 10 cents/B andEs Sider rose by 5 cents/B. All other formulas were unchanged from November, including theoffshore Bouri crude which remained at Iranian Heavy ex-Sidi Kerir minus 20 cents/B. Thefollowing table shows the adjustment factors for Libyan crudes in relation to Dated Brent...