No. 50



Yemen Increases January Crude Price Formulas

Yemens oil marketing authorities have raised the monthly priceformulas for its Marib Light and Masila crudes for January. Marib Light, which will now beset on a monthly basis rather than quarterly, was raised by 4 cents/B and priced at DatedBrent plus 14 cents/B for January, while Masila was marked up by 16 cents/B to Dated Brentminus 49 cents/B. The following table shows the adjustment factors for Marib Light and...