Middle East Economic Survey

VOL. LII

No 8

23-Feb-2009

OPEC/OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2009

2008

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Marib Light (40)

na

-2.75

-1.25

-1.25

-1.50

-1.00

-0.90

-0.90

-0.45

+0.60

+0.55

+1.45

+1.50

Masila (30)

-0.30

-0.70

-1.40

-2.00

-2.75

-2.50

-1.20

-1.80

-1.90

-1.75

-1.85

-1.20

-0.90