Middle East Economic Survey

VOL. L

No 28

9-July-2007

OPEC/OIL PRICES

Crude Oil Formulas/Posted Prices ($/B)

Abu Dhabi, Oman and Qatar ($/B)

2007

2006

Abu Dhabi

Jun

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

Murban (39)

69.70

68.40

67.60

62.10

58.75

54.85

62.05

59.70

59.35

63.25

72.70

73.00

68.85

Lower Zakum (40)

69.75

68.45

67.65

62.15

58.75

54.85

62.10

59.75

58.75

63.25

72.75

73.05

68.90

Umm...