VOL. XXXVIII

NO. 22

27-FEBRUARY-1995

Yemen

Yemen Finalizes 2Q 1995 Price Terms

Yemeni oil authorities have finalized price formulas for second-quarter salesof the country's Marib Light and Masila grades. While both crudes will continueto be linked exclusively to Dated Brent during the second quarter, MEESunderstands that marketing officials have not given up on the idea of shiftingover to an alternative benchmark, particularly one which falls on the sourerend of the crude quality spectrum (such as...