VOL. XXXVIII

NO. 40

3 JULY 1995

Oil Prices

Libya Reduces Most Crude Prices For July

Libya has reduced most of its crude oil price formulas for the month of Julyby 5-10 cents/B. Zueitina, Brega, Es Sider, Sarir, and Amna crudes were eachreduced by 10 cents/B from June levels, while Sirtica was cut by 5 cents/B. BuAttifel remained unchanged at Dated Brent minus 45 cents/B. The price of theheavy offshore Bouri (26ΓΈ API) crude was also reduced by 5 cents/B to IranianHeavy ex-Sidi Kerir minus 25...