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Algeria’s Sonatrach Sets April Saharan Crude Premium at $1.10
March 25, 2012
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Sonatrach, the Algerian state-run oil producer, set Saharan crude for April loading at a premium of $1.10 a barrel more than North Sea Dated Brent.
The company announced the price, an increase of 30 cents a barrel from last month, in an e-mailed statement today.
To contact the reporter on this story: Bruce Stanley in Dubai at bstanley5@bloomberg.net
To contact the editor responsible for this story: Anthony DiPaola at adipaola@bloomberg.net
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