No. 23

4 March 1996


Libyan Crude Price Formulas For March

Libya has reduced its March crude oil price formulas for Es Sider by 10 cents/B and Sirtica by 8 cents/B. Bu Attifel, meanwhile, was raised by 5 cents/B. The formulas for Zueitina, Sarir, Brega and Amna were left unchanged from February. The heavy offshore Bouri (26ー API) crude was reduced by 5 cents/B to Iranian Heavy ex-Sidi Kerir minus 30 cents/B. The following table shows the adjustment factors for Libyan...