VOL. XL

No. 40

6 October 1997

LIBYA

Libya Leaves Crude Price Formulas Unchanged For October

Libya has left its crude price formulas for October unchanged from September. Heavyoffshore Bouri crude (26ยบ API) also remained unchanged at Iranian Heavy ex-Sidi Kerirminus 25 cents/B. The following table shows the adjustment factors for Libyan crudes inrelation to Dated Brent for 1997 ($/B):

...

1997

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Zueitina

+0.40

+0.40

+0.40