VOL. XL

No. 31

4 August 1997

LIBYA

Libya Raises Crude Price Formulas For August

Libya has increased most of its crude price formulas for August, other than Zueitinawhich it has maintained at Dated Brent plus 15 cents/B. Es Sider, Sirtica Sarir and Amnacrudes were marked up by 10 cents/B, while Brega and Bu Attifel were raised by 5 cents/B.The heavy offshore Bouri crude (26ºAPI) was left unchanged for the third month running atIranian Heavy ex-Sidi Kerir minus 35 cents/B. The following table...