Middle East Economic Survey

VOL. LI

No 21

26-May-2008

OPEC/OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

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

2008

2007

Jun

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

Bonny Light (37)

+4.00

+3.50

+3.55

+3.10

+2.00

+2.85

+2.30

+2.70

+3.10

+3.00

+2.60

+2.20

+2.90

Brass River (36)

+4.20

+3.70

+3.70

+3.25

+2.15

+2.95

+2.35

+2.70

+3.15

+3.15

+2.70

+2.30

+3.00

...