No. 19

5 February 1996


Libya Raises February Crude Price Formulas By 10-15 Cents/B

Libya has raised its crude oil price formulas for February by 10-15 cents/B from January. Es Sider, Zueitina, Brega and Sirtica were increased by 15 cents/B, while Bu Attifel, Sarir and Amna were upped by 10 cents/B. The heavy offshore Bouri (26ー API) crude remained unchanged for February at Iranian Heavy ex-Sidi Kerir minus 25 cents/B. The following table shows the adjustment factors...