No. 10

10 March 1997


Libya Cuts March Crude Price Formulas For Es Sider And Sirtica

Libya has cut the March crude price formulas for its Es Sider andSirtica crudes by 10 cents/B, leaving all others unchanged, including the heavy offshoreBouri crude (26ー API) which remained at Iranian Heavy ex-Sidi Kerir minus 35 cents/B. Thefollowing tables shows the adjustment factors for Libyan crudes in relation to Dated Brentfor the second half of 1996 and the first quarter of 1997 ($/B):...