VOL. XXXIX

No. 45

5 August 1996

LIBYA

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):

____________________1996____________________

Aug Jul Jun MayApr Mar Feb Jan

Zueitina (41ｰ) +0.30 +0.30 +0.40...