Middle East Economic Survey

VOL. LII

No 21

25-May-2009

Crude Oil Formulas/Posted Prices ($/B)

Yemen (Dated Brent + / - Adjustment Factor; $/B)

2009

2008

Jul

Jun

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Marib Light (40)

-1.35

-1.35

-1.58

-1.45

-2.75

-1.25

-1.25

-1.50

-1.00

-0.90

-0.90

-0.45

+0.60

Masila (30)

+0.14

-0.10

+0.09

-0.30

-0.70

-1.40

-2.00

-2.75

-2.50

-1.20

-1.80

-1.90

-1.75