CanadianOxy Offers Three Price Formulas For Masila Crude
MEES learns that CanadianOxy is offering term customers and spot purchasersof Masila crude the option of three price formulas during the second quarter.These are Dated Brent minus $1.15/B, MPM minus 20 Cents/B, and a 50-50 formulabased on the above two quotations. As a result of an agreement signed earlierthis year between the Ministry of Oil and CanadianOxy, the operator of theMasila concession, the...
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