VOL. XXXVI

NO. 45

9 AUGUST 1993

OIL PRICES

No Change In Libyan Crude Price Formulas For August

Libya's National Oil Corporation (NOC) has notified term customers that theprice formulas for its light crudes for August will remain the same as July.There will also be no change in the price formula of the heavy offshore Bouricrude (26API) which remains at Iranian Heavy (delivery Sidi Kerir) minus$0.50/B for August. The following table shows the adjustment factors for thevarious Libyan light crudes in...