Middle East Economic Survey

VOL. LII

No 29

20-Jul-2009

Crude Oil Formulas/Posted Prices ($/B)

Iraq (+/- Adjustment Factor; $/B)

2009

2008

Aug

Jul

Jun

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Basrah Light Crude

US

Basrah Light (WTI 2nd Month)

-3.85

-2.85

-3.35

-3.60

+1.30

-4.00

-4.05

-7.15

-7.05

-7.05

-7.05

-5.90

-6.50

Europe

...