VOL. XXXVIII

NO. 31

1 MAY 1995

Oil Prices

Libyan Oil Prices For May

Libya has raised some of its oil price formulas for the month of May by 5-10cents/B. Zueitina, Brega, Sarir and Amna were increased by 5 cents/B over DatedBrent, while Bu Attifel was raised by 10 cents/B. The heavy offshore Bouri (26øAPI) crude was increased by 5 cents/B to Iranian Heavy ex-Sidi Kerir minus 15cents/B. There was no change in the prices for Es Sider or Sirtica.

Libya is having to consider a new means of pricing for...