VOL. XXXIX

No. 9

27 November 1995

ALGERIA

Algeria's December Price Formula

Algeria's Sonatrach has made a slight increase in the December price formula for its Saharan Blend crude to Dated Brent plus 53 cents/B from the November price of plus 50-52 cents/B. The following table shows the adjustment factor for Algeria's Saharan Blend in relation to Dated Brent for the last three quarters of 1995 (cents/B):

______________________1995_____________________ Dec Nov Oct Sep Aug Jul Jun May...