VOL. XL
No. 47
24 November 1997
ALGERIA
Algeria Reduces November Price Formula
MEES soundings of market sources suggest that contract prices for Saharan Blendfor December will be Dated Brent plus 60 cents/B, compared with Dated Brent plus 45-47cents/B for November. The following table shows the adjustment factors for Algeria'sSaharan Blend in relation to Dated Brent for 1997 (cents/B):
1997 | ||||||||||||
Saharan | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
Blend (44ยบ)... |
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