NO. 23

6 MARCH 1995

Oil Prices

Libyan Reduces March Price Formulas By 5-20 Cents/B

Libya has reduced its March crude price formulas by 5-20 cents/B. Es Siderwas reduced by 20 cents and Sirtica was cut by 15 cents to parity with DatedBrent. Brega, Zueitina and Bu Attifel were reduced by 5 cents/B. Amna and Sarirremained unchanged. The heavy offshore Bouri (26ΓΈ API) crude also remainedunchanged at Iranian Heavy ex-Sidi Kerir minus 25 cents/B. The following tableshows the adjustment...