VOL. XXXIX

No. 48

26 August 1996

OPEC

Algeria Raises September Price Formula

Algeria's Sonatrach has raised the September price formula for its Saharan Blend crude by 5 cents/B to Dated Brent plus 61 cents/B. The following table shows the adjustment factor for Algeria's Saharan Blend in relation to Dated Brent for 1996 (cents/B):

_______________________1996___________________________ Sep Aug Jul Jun May Apr Mar Feb Jan Saharan Blend (44ｰ) +61 +56 +52* +62 +78-80 +78-80 +75-77 +78...