29 January 1996
Algeria Raises February Price Formula
Algeria's Sonatrach has raised the February price formula for its Saharan Blend crude to Dated Brent plus 78 cents/B from the January price of 50 cents/B. The following table shows the adjustment factor for Algeria's Saharan Blend in relation to Dated Brent for February and the last seven months (cents/B):
Feb Jan Dec Nov Oct Sep Aug Jul Saharan Blend...