No. 48

1 December 1997


Libya Raises Crude Price Formulas For December

Libya has increased its December crude price formulas by 10-35 cents/B. Es Sider andSirtica were marked up by 35 cents/B and 32 cents/B respectively, Amna was put up by 20cents/B, Zueitina by 17 cents/B, and Brega, Bu Attifel and Sarir each rose 10 cents/B.Meanwhile the heavy offshore Bouri crude (26ยบ API) remained unchanged at Iran Heavyex-Sidi Kerir minus 20 cents/B. The following table shows the adjustment...