VOL. XL
No. 51/52
22/29 December 1997
ALGERIA
Algeria Cuts January Price Formula
Algeria has reduced the price formula for Saharan Blend for January by 5 cents/B toDated Brent plus 55 cents/B, compared with Dated Brent plus 60 cents/B for December. Thefollowing table shows the adjustment factors for Algeria's Saharan Blend in relation toDated Brent for July 1997-January 1998 (cents/B):
1997 | 1998 | |||||||
Saharan | Jul | Aug | Sep | Oct | Nov | Dec | Jan | |
Blend (44ยบ) | +39-40 | +53 | ... |
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