3 OCTOBER 1994
Libyan Oil Price Formulas Raised For October
Libya has announced anincrease in all its crude oil price formulas for the month of October. Es Siderwas raised by $0.20/B, while all its other crudes were increased by $0.10/B,including the heavy offshore Bouri (26ø API) crude for which the October priceis Iranian Heavy ex-Sidi Kerir minus $0.40/B.
The following table shows the adjustment factors for Libyan crudes inrelation to Dated Brent for the last 10...