VOL. XXXVIIINO. 1112 DECEMBER 1994

Oil Prices

Algeria's December Crude Formula

Algeria's Sonatrach has raised the December price formula for its SaharanBlend crude by $0.05/B to Dated Brent plus $0.49-0.51/B. The following tableshows the adjustment factor for Algeria's Saharan Blend in relation to DatedBrent for the last eight months (cents/B):

 _________________1994_________________ Dec Nov Oct Sep Aug Jul Jun MaySaharan Blend (44ø) +49-51 +44-46 +20-25 +05-09 +05-09 +10-15 +20-25 +50-55