Middle East Economic Survey

VOL. L

No 13

26-Mar-2007

Crude Oil Formulas/Posted Prices ($/B)

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

2007

2006

May

Apr

Mar

Feb

Jan

Dec

Nov

Oct

Sep

Aug

Jul

Jun

May

Marib Light (40)

+1.15

+1.00

+0.50

+0.10

-0.30

-0.30

-0.50

-0.90

-0.80

-1.30

-1.40

-1.30

-0.65

Masila (30)

NA

-0.50

-1.20

-1.60

-2.00

-2.10

-1.45

-2.50

-2.35

-2.00

-2.00

-2.20

-1.40