No. 45

5 August 1996


Libya Rolls Over Crude Price Formulas For August

Libya has left unchanged from July its crude price formulas for August. 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):


Aug Jul Jun MayApr Mar Feb Jan

Zueitina (41ー) +0.30 +0.30 +0.40...