NO. 44

1 AUGUST 1994

Oil Prices

Libyan Oil Price For August

Libya has announced that it will rollover its July crude oil prices for themonth of August with the exception of Es Sider, which it has reduced by $0.05/Bto Dated Brent minus $0.50/B. The heavy (26ΓΈ API) offshore Bouri crude alsoremains unchanged at Iranian Heavy ex-Sidi Kerir minus $0.50/B. The rolloverfollows stronger oil prices resulting from the political crisis in Nigeria. Thefollowing table shows the adjustment factors...