NO. 18

31 JANUARY 1994

Oil Prices

Libya Raises Price Formulas For February

Libya's National Oil Corporation (NOC) has notified its term customers thatall price formulas have been adjusted for February to reflect price increases ofbetween five and 20 cents per barrel. The price for Es Sider was raised $0.20/B,while Zueitina, Brega and Sirtica were increased by $0.15/B. Sarir and Amna wereincreased by $0.10/B, and Bu Attifel was raised by $0.05/B. Libya also raisedthe price formula for...