Middle East Economic Survey

VOL. LI

No 47

24-Nov-2008

OPEC/OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2009

2008

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Apr

Mar

Feb

Jan

Marib Light (40)

-1.25

-1.50

-1.00

-0.90

-0.90

-0.45

+0.60

+0.55

+1.45

+1.50

+1.28

+1.15

+1.00

Masila (30)

-2.00

-2.75

-2.50

-1.20

-1.80

-1.90

-1.75

-1.85

-1.20

-0.90

-1.00

-1.20

-1.75

Egypt ...