VOL. XXXVII

NO. 39

27 JUNE 1994

Algeria

Algeria Reduces July Crude Formula By $0.10/B

Sonatrach, Algeria's state-owned oil and gas company, has announced a $0.10/Breduction in the price of its Saharan Blend crude oil for July to around DatedBrent plus $0.15/B. The price for Saharan Blend during June was Dated Brent plus$0.20-0.25/B.