No. 10

4 December 1995


Libya Leaves December Price Formulas Unchanged Except Es Sider

Libya has left unchanged its crude oil price formulas for the month of December with the exception of Es Sider, which has been increased by 5 cents/B to Dated Brent minus 5 cents/B. The heavy offshore Bouri (26ー API) crude also stays the same at Iranian Heavy ex-Sidi Kerir minus 30 cents/B. The following table shows the adjustment factors for Libyan crudes in relation to Dated Brent...