No. 36

6 June 1996


Libyan Crude Price Formulas For June

Libya has reduced by 5 cents/B the June price formulas for its Zueitina, Brega, Bu Attifel, Sarir and Amna crudes, leaving Es Sider and Sirtica unchanged from May. The heavy offshore Bouri (26ー API) crude also remained unchanged 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 ($/B):