VOL. XXXIX No. 62 2 December 1996ALGERIA

Algeria Reduces December Price Formula Algeria's Sonatrach has reduced the December price formula for its Saharan Blend crude by 5 cents/B to Dated Brent plus 75 cents/B. The following table shows the adjustment factor for Saharan Blend in relation to Dated Brent for 1996 (cents/B): 1996 Saharan Dec Nov Oct Sep Aug Jul Jun May Apr Mar Feb Jan Blend (44ｰ) +75 +80 +70 +61 +56 +52* +62 +79 +79 +76 +78 +50 ________ * Revised