VOL.XXXIXNo. 6416-December-1996YEMEN

YemenCuts Price Formulas For 1Q 1997, Appoints Nu'man Head Of Marketing MEES learns that Yemen's oil marketing authorities havelowered the price formulas for the first quarter of 1997 forterm customers by 10-42 cents/B. Marib Light was cut by 10 cents/B toDated Brent minus 30 cents/B, compared with Dated Brent minus 20cents/B for the fourth quarter of 1996,while Masila was marked down by 42 cents/B to Dated Brent minus 97cents/B, compared with Dated...