VOL. XXXVIII

NO. 48

28 AUGUST 1995

Oil Prices

Algeria Hikes September Price Formula

Algeria's Sonatrach has increased the September price formula for its SaharanBlend crude by 15 cents/B to Dated Brent plus 40 cents/B. The following tableshows the adjustment factor for Algeria's Saharan Blend in relation to DatedBrent for September and the previous eight months (cents/B):

 ______________________________1995________________________________ Sep Aug Jul Jun May Apr Mar Feb JanSaharanBlend (44ø) +40...