VOL. XXXVII

NO. 27

4 APRIL 1994

Oil Prices

Libya Adjusts April Price Formulas

Libya's National Oil Corporation (NOC) has notified its term customers thatits crude oil price formulas for April have been adjusted to reflect anincreased demand for its medium and heavy crudes. The price formula for Es Siderwas increased by $0.10/B, while the formulas for Sirtica and Bu Attifel crudeswere raised by $0.05/B. The heavy Sarir and Amna crudes had their price formulasincreased by $0.15/B. Prices for the...