VOL.XXXVI
NO.50
13-SEPTEMBER-1993
OIL PRICES
Yemen4Q Price Formulas
Yemen'soilmarketingauthoritieshavemaintainedthe
fourthquarterprice formula forterm customers for Marib Light (40
API) unchanged from thethird quarteratDatedBrentplus30cents/B.The4Q price formula for newly-marketed Masila (30.50API)crudeisDatedBrentminus
$1.95/B.Yemenipricesforall destinations are FOBand determined five days around B/L, withpayments 30 days from
B/L.
Yemen's production is projected to reach around 300,000 b/d
by...
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