VOL. XXXVIII

NO. 18

30 JANUARY 1995

Oil Prices

Algeria Raises February Price by Seven Cents/B

MEES learns that Algeria's state-owned oil company Sonatrach has increasedthe February price formula for its Sahara Blend crude by $0.07/B to Dated Brentplus $0.39- 0.42/B. The following table shows the adjustment factor forAlgeria's Saharan Blend in relation to Dated Brent for February and the lastnine months (cents/B):

 ____1995____ ______________________1994___________________ Feb Jan Dec Nov Oct Sep...