VOL. XXXVII

NO. 48

29 AUGUST 1994

Oil Prices

Algeria'sSeptember Crude Formula

Algeria'sSonatrach set the September price formula for its Saharan Blend crude at DatedBrent plus $0.05-0.09/B, un- changed from August. The following table shows theadjustment factor for Algeria's Saharan Blend in relation to Dated Brent forSeptember and the last four months ($/B):

 ___________________________1994_______________________ Sep Aug Jul Jun MaySaharan Blend (44ΓΈ) +0.05-0.09 +0.05-0.09 +0.10-0.15 +0.20-0.25...