VOL. XXXIX No. 62 2 December 1996LIBYA

Libya Cuts Some Crude Price Formulas For December Libya has reduced the December crude price formulas for a number of its crudes. Zueitina, Brega, Bu Attifel, Amna and Sarir have each been reduced by 5 cents/B against Dated Brent, leaving Sirtica and Es Sider unchanged. Heavy offshore Bouri crude (26ー API) also remains unchanged at Iranian Heavy ex-Sidi Kerir minus 35 cents/B. The following table shows the adjustment factors for Libyan crudes in...