VOL. XL
No. 42
20 October 1997
ALGERIA
Algeria Reduces November Price Formula
MEES soundings of market sources suggest that contract prices for Saharan Blendfor November will be between Dated Brent plus 45 cents/B and 47 cents/B, a reduction of18-20 cents/B compared with Dated Brent plus 65 cents/B in October. The following tableshows the adjustment factors for Algeria's Saharan Blend in relation to Dated Brent for1997 (cents/B):
1997 | |||||||||||
Saharan | Jan | Feb | Mar | Apr | May | Jun | Jul | ... |
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