VOL. XXXV

NO. 23

9 MARCH 1992

Oil Prices

OPEC Basket Price Rose to $16.91/B in February

The average spot price for the OPEC basket of seven crudes increased to$16.91/B in February from $16.71/B in January. Details of the price breakdownduring January and February 1992 and the average prices for the past four yearsare shown in the table below:

Spot Quotations for the OPEC Reference Basket ($/B)

 Saharan Bonny Arab T.J. Blend Minas Light Light Dubai Light Isthmus Basket Brent WTIJan 92 19.27 18.18...