No. 5

30 October 1995


Algeria Reduces November Price Formula

Algeria's Sonatrach has reduced the November price formula for its Saharan Blend crude to Dated Brent plus 50-55 cents/B from the October price of Dated Brent plus 58-59 cents/B. The following table shows the adjustment factor for Algeria's Saharan Blend in relation to Dated Brent for November and the previous 10 months (cents/B):


Nov Oct Sep...