Libya Boosts April Es Sider Oil Premium to $1 a Barrel
By -
Mar 21, 2012
(Corrects month in headline.)
Libya’s state-run National Oil Corp. increased the official selling price of benchmark Es Sider crude for loading in April to $1 a barrel over Dated Brent, from 70 cents a barrel in March, according to a price list obtained by Bloomberg News.
Following is a table of prices of Libyan crude grades. The blends are priced in relation to Dated Brent, except Al-Jurf and Bouri, which are based on Urals in the Mediterranean.
---------------------------------------------------------- Grade April March Change Abu Attifel +$1.90 +$1.50 +$0.40 Amna +$0.90 +$0.90 $0.00 Brega +$0.40 +$0.40 $0.00 Es Sider +$1.00 +$0.70 +$0.30 Mellitah +$0.90 +$0.90 $0.00 Sarir $0.00 -$0.20 +$0.20 Sharara +$1.30 +$1.10 +$0.20 Sirtica -$0.70 -$0.60 -$0.10 Zueitina +$1.20 +$1.00 +$0.20 Grade April March Change Al-Jurf +$0.30 +$0.40 -$0.10 Bouri -$0.20 -$0.20 $0.00 ----------------------------------------------------------
To contact the reporter on this story: Grant Smith in London at gsmith52@bloomberg.net
To contact the editor responsible for this story: Stephen Voss on sev@bloomberg.net