VOL. XXXVII

NO. 49

5 SEPTEMBER 1994

Oil Prices

Libyan Oil Price Formulas For September Unchanged

Libya has announced that its crude oil price formulas for the month ofSeptember will remain unchanged from those of August. This includes the heavyoffshore Bouri (26ΓΈ API) crude (Iranian Heavy ex-Sidi Kerir minus $0.50/B). Thefollowing table shows the adjustment factors for Libyan crudes in relation toDated Brent for the last nine months ($/B):

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