NO. 36

5 JUNE 1995

Oil/LPG Prices

Libyan Oil Prices For June

Libya has cut the oil price formulas for its Es Sider and Sirtica crudes by 5cents/B to parity with Dated Brent for the month of June. The formulas forLibya's other crude oils remained unchanged from May except for the heavy off-shore Bouri (26ΓΈ API) crude, which was also reduced by 5 cents/B to IranianHeavy ex-Sidi Kerir minus 20 cents/B. The following table shows the adjustmentfactors for Libyan crudes in relation to Dated...