VOL. XL

No. 35

1 September 1997

LIBYA

Libya Raises Most Crude Price Formulas For September

Libya has increased most of its crude price formulas for September by 10 cents/B withthe exception of its Sarir and Amna crudes, which remain unchanged. The heavy offshoreBouri crude (26ยบ API) was also raised by 10 cents/B to Iranian Heavy ex-Sidi Kerir minus25 cents/B. The following table shows the adjustment factors for Libyan crudes in relationto Dated Brent for 1997 ($/B):

1997

Jan

Feb

Mar...